Sprint Nextel Corp. is set to gain control of partner Clearwire Corp. without an acquisition, people familiar with the matter said, a deal that will clarify a long-dysfunctional relationship that became a central issue in the No. 3 U.S. carrier’s $20 billion acquisition by Japan’s Softbank Corp.
Japanese mobile carrier Softbank Corp. is in advanced talks to buy U.S. operator Sprint Nextel Corp. in a deal expected to exceed ¥1 trillion ($12.81 billion) in value, a person with knowledge of the negotiations said Thursday.
Google Inc. plans to give multiple mobile-device makers — rather than just one partner — early access to new releases of its Android mobile operating system and to sell those devices directly to consumers, said people familiar with the matter.
The nation’s major wireless providers have agreed to a deal with the U.S. government to build a central database of stolen cellphones — part of a broad effort to tame an explosion of thefts nationwide.
Obama administration officials proposed requiring the Defense Department and other federal agencies to share a chunk of the airwaves they currently use with wireless companies after concluding it could be too expensive and time-consuming to move the federal agencies to other airwaves.
Clearwire Corp. signed a five-year wholesale deal with Leap Wireless International Inc. to supply the pay-as-you-go carrier with high-speed mobile broadband service, an initial milestone in Clearwire’s effort to reposition itself primarily as a wholesaler.
Wal-Mart Stores Inc. and Target Corp. are among roughly two dozen retailers working together to develop a mobile-payments system to compete with similar products from Google Inc. and big cellphone companies, according to people with direct knowledge of the project.