MetroPCS Offers $5.12B for Leap
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DALLAS -- Discount wireless phone service provider MetroPCS Communications Inc. on Tuesday offered to buy rival Leap Wireless International Inc. for about $5.12 billion in stock.
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Discount wireless phone provider MetroPCS Communications Inc. on Tuesday offered to buy regional rival Leap Wireless International Inc. for about $5.12 billion in stock &#151; a deal that could effectively create another nationwide carrier.
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Compatible with both Macs and PCs, they cost from $149 will be available beginning in June.
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The white label search provider JumpTap signed a seven country deal with the mobile conglomerate TeliaSonera.
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Sprint said Wednesday it had reached an agreement with Northern PCS of Minnesota to acquire the company for $312.5 million in a continuing effort to appease regional affiliates that objected to its merger with Nextel in 2005.
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As reported earlier this month, the HTC Touch smartphone will soon be made available in the United States by mobile carrier Sprint for a price of $249 USD.
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Intel and Motion Computing have developed a new tablet PC specifically for healthcare workers, with built-in protections against harsh chemicals and frequent drops. The C5 tablet is priced at $2,199 and has been dubbed a "mobile clinical assistant," particularly geared toward hospital environments.
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Company to offer 3 devices with Bluetooth and GPS capabilities.
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The business software maker hopes to prod rival Oracle into raising its current bid by $1.5 billion.
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MetroPCS Communications Inc made an  unsolicited offer on Tuesday to buy smaller rival Leap Wireless  International Inc for more than $5 billion in stock, seeking to  create a national U.S. wireless service provider.
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Technology set to be introduced nationwide after pilot saves Â£110,000.
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Japan's Softbank Corp. 9984.T plans to   raise about $12 billion by securitizing earnings of the cell   phone unit it bought from Vodafone Group PLC VOD.L, a source   close to the matter said on Tuesday, allowing it to secure   funds at a lower rate than with conventional loans.
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MetroPCS Communications, the mobile telephone company that sells only prepaid service, offered to buy Leap Wireless International for about $5.5 billion.
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IBM (NYSE: IBM) today announced that it repurchased $12.5 billion of its  outstanding common stock through accelerated share repurchase agreements.
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- Data storage company EMC Corp.'s  subsidiary, VMware, said it expects its initial public offering to be priced between $23 and $25 per share.
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Wireless phone provider Leap Wireless International Inc. said Sunday that it is rejecting an unsolicited buyout offer from MetroPCS Communications Inc.
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MetLife Inc. MET.N on Wednesday said   it has received several "robust" offers for two massive New   York City apartment-building complexes, the latest stage in a   historic sale that could reach $5 billion.