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Deutsche Bank analyst rates Sprint a "Buy"

A Deutsche Bank analyst on Thursday reinstated coverage of Sprint Nextel Corp. with a "Buy" rating, saying it has the most potential for success in the wireless industry. Full story

SoftBank completes $21.6B deal with Sprint Nextel

Sprint Nextel, the third largest U.S. wireless carrier, is now under the control of the Japanese investment firm SoftBank. Full story

SoftBank priority is beefing up Sprint, not exec changes

NEW YORK (Reuters) - SoftBank Corp <9984.T> will move rapidly to use airwaves from Clearwire Corp <CLWR.O> to bolster Sprint Nextel Corp's <S.N> wireless service, but it does not plan any big personnel changes once it takes over the No. 3 U.S. mobile carrier, a top SoftBank executi Full story

Citing Sprint Deal, S&P Lowers Softbank Credit Rating

Increased financial pressures after the mega-deal to buy the U.S.-based telecom are cited for the downgrade. Full story

Judge upholds NY tax suit against Sprint Nextel

A New York judge has refused to dismiss the state attorney general's lawsuit claiming back sales taxes and triple damages from Sprint Nextel Corp. Full story

Sprint Nextel must face NY suit over tax fraud: judge

NEW YORK (Reuters) - Sprint Nextel Corp must face a lawsuit brought by New York state accusing the company of deliberately not collecting or paying millions of dollars of taxes for its cell phone service, a judge has ruled. Full story

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Nielsen to be replace Sprint Nextel in S&P 500

FCC not seeking divestitures in Sprint/Clearwire/SoftBank deal

Sprint Nextel shareholders approve Softbank deal

SoftBank confident Sprint deal will close in July

Nikkei climbs to one-week high on SoftBank, investment trust

Sprint sues Dish, Clearwire as key deadline looms

ISS urges Clearwire shareholders to vote against Sprint deal

Clearwire urges shareholders to accept Dish offer

Clearwire to favor Dish bid over Sprint, postpone vote: sources

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Video

  Grubman Raises Red Flag on DISH-Sprint Deal

Former telecom analyst Jack Grubman, Magee Group founder, says the "math" don't seem to add up in the pending deal between DISH Network and Sprint Nextel.

  Cramer: Commodities Pullback Good For Stocks

The "Squawk on the Street" news team reports on today's top business headlines, including the sell-off in commodities; and Dish Network's informal bid for Sprint Nextel.

  DISH Makes Move to Acquire Sprint

Chris King, Stifel Nicolaus, says DISH Network's informal bid to acquire Sprint Nextel for $7 per share in a deal worth $25.5 billion could spark a bidding war.

  DISH Proposes Deal For Sprint: Report

DISH Network has made an informal offer to acquire Sprint Nextel for $7 per share in a deal worth $25.5 billion, according to the Wall Street Journal, reports the "Squawk Box News crew.

  Softbank Confirms $20.1 Billion Sprint Deal

CNBC's David Faber reports the details of Japan's Softbank buying 70 percent of U.S. mobile carrier Sprint Nextel for $20.1 billion - the most a Japanese firm has spent on an overseas acquisition.

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Related Photos

Softbank Corp's employee stands in front of its branch in Tokyo
Softbank Corp's employee stands in front of its branch in Tokyo

A Softbank Corp's employee stands in front of its branch in Tokyo in this April 17, 2013 file photo. Shareholders of Sprint Nextel Corp voted on June 25, 2013 in favor of a sweetened takeover offer from SoftBank Corp, ending a contentious takeover battle for the No. 3 U.S. wireless service provider.

A shop clerk is seen through a window displaying a logo of SoftBank Corp at its branch in Tokyo
A shop clerk is seen through a window displaying a logo of SoftBank Corp at its branch in Tokyo

A shop clerk is seen through a window displaying a logo of SoftBank Corp at its branch in Tokyo June 21, 2013. SoftBank Corp CEO Masayoshi Son said on Friday he was confident his company's acquisition of Sprint Nextel Corp will be completed in early July after rival bidder Dish Network Corp failed t

Men walk past a SoftBank Corp branch in Tokyo
Men walk past a SoftBank Corp branch in Tokyo

Men walk past a SoftBank Corp branch in Tokyo June 11, 2013. Japanese mobile operator SoftBank Corp said it agreed with Sprint Nextel Corp to raise its offer for the U.S. wireless carrier to $21.6 billion from $20.1 billion, as it fights off a counter bid by Dish Network Corp. REUTERS/Yuya Shino (J

Softbank Corp's logo is pictured at its branch in Tokyo
Softbank Corp's logo is pictured at its branch in Tokyo

Softbank Corp's logo is pictured at its branch in Tokyo June 11, 2013. Japanese mobile operator SoftBank Corp said it agreed with Sprint Nextel Corp to raise its offer for the U.S. wireless carrier to $21.6 billion from $20.1 billion, as it fights off a counter bid by Dish Network Corp. REUTERS/Yu