Tag Archives: Sprint

Softbank Announces Internal Reorganization – Could A Spinoff Be Next?

Masayoshi Son’s Softbank (SFTBY) is shaking up its organizational structure, creating two separate, but still wholly owned, internal companies. One business will house its domestic (Japanese) businesses such as mobile and its stake in Yahoo Japan, while the other unit will contain its overseas investments. The overseas bucket will include Softbank’s investments in budding technology companies, such as… Read More »

Shentel To Buy Ntelos, End Awkward, Unpronounceable Name

After months of ‘will they or won’t they’ and having its stock whipsawed as a result of buyout rumors, Ntelos (NTLS) announced that it would be acquired by fellow Mid-Atlantic region focused operator Shenandoah Telecommunications (SHEN). Shentel, as it is known, is paying $640m for the company, much of it in the form of assumed debt. NTLS shareholders… Read More »