A Sprint Store in Omaha, Neb. | Photo courtesy of Creative Commons

Dish Network Bids For Sprint

Dish Network Corp., a Colorado-based satellite-TV company with no mobile-phone customers of its own, offered to buy Sprint Nextel Corp. in a $25.5 billion deal to challenge a bid by Japan’s Softbank Corp. for the third-largest U.S. wireless carrier. Last year, Softbank agreed to pay Kansas City-based Sprint $20 billion for a 70 percent stake.

Read more in Bloomberg

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