Softbank founder goes on the attack, sees ‘no need’ to improve offer for Sprint network

Despite bidding competition from Dish, Softbank’s founder, Masayoshi Son, has told Reuters that he sees no need to adjust his company’s offer for Sprint. In fact, he’s even seen support from Intel CEO Paul Otellini, who stated in a letter to the FCC last week that a third competitive national carrier is “very compelling.”

During the company’s financial results today, Softbank’s Son went on the attack, spending a big chunk of the presentation pitching what his company would offer over its rival’s bid. He kicked off by saying that Dish’s offer (and comparisons) was “illusory” and how the Japanese carrier’s offer had a 21 percent premium over its rival’s, along with a swifter turnaround: two months compared to a year. Son also said that his company’s offer would sidestep the difficulties in combining spectrum in the US, as Softbank doesn’t currently hold any US wireless spectrum at the moment. The CEO added: “If our deal doesn’t go through with Sprint… the carrier won’t have the cash to follow through with their network vision [this year].”

Earlier in the earnings event, Son said that his company’s healthy native position was “just a stepping stone”, and that he’s now aiming for the number one spot in mobile internet globally — Sprint appears to be a big part of those plans.

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Source: @masason (Twitter)

Softbank’s 204SH Is Another Smartphone Designed For The Elderly

Softbanks 204SH Is Another Smartphone Designed For The ElderlyWith smartphones becoming commonplace these days, is it fair that the elderly are left out of the fun simply because they might not be as technologically savvy compared to the younger generation? That is most definitely a resounding no and several companies have since created smartphones which target the elderly. Softbank and Sharp are looking to do the same as well in Japan, with the carrier announcing the Softbank 204SH smartphone manufactured by Sharp. The phone is targeted at elderly users and is pegged for a release in May, possibly later, although no word on whether it will make its way stateside or to other countries outside of Japan.

The handset is not the most powerful phone around, but it will come with features that will hopefully make its use easy for older folks. This includes a 4” display that will display letters and icons that are bigger than normal, making it more obvious and user-friendly to those who might have trouble seeing, or who are using a smartphone for the first time. Other features include tactile feedback to let the user know when they have launched an application, and applications can also be launched simply by speaking the name of the function.

By Ubergizmo. Related articles: Samsung Galaxy S Relay 4G Gets Jelly Bean Update, Official Tumblr App On Windows Phone 8 Now Available,

    

SoftBank Mobile – “Softbank 204SH” – Simple smartphone for seniors

SoftBank - "Softbank 204SH" - Simple smartphone for seniors

Softbank announced that they will release a simple smart phone “Softbank 204SH” manufactured by SHARP and targeted to seniors. Release date is in May or later.

The 4 inch LCD display shows bigger letters and icons in order for smartphone beginners or senior to use it easily. To prevent incorrect operation, when users touch an icon they want to control, a blue circle will show up on the icon and they will feel a vibration through the tip of their finger. Other functions include an application that starts phone functionality by saying the name of the function that users would like to use (such as “camera”) and one that reads text out loud for people who have a hard time reading the text.

SoftBank will provide service for “204SH” users at a reasonable fixed monthly packet data charge of 2,980 yen.

Size: 64×128×12.0mm
Weight: 130 g
Color: Silver, Pink, and Navy
Platform: Android 4.0

Dish Claims Their Buyout Of Sprint Would Be Better For National Security

Dish Claims Their Buyout Of Sprint Would Be Better For National SecurityThe other we reported that Dish had made a counter-offer to Sprint and offered to acquire the company for more than what Japanese carrier, Softbank, was offering. Softbank seems to be unfazed by the counter-offer and expects the deal to conclude in a timely manner as expected, and if offering Sprint more money wasn’t enough, Dish is now stating that they believe that for them to buy Sprint would be in the interest of national security.

Dish has submitted a filing to the FCC and claimed that allowing Softbank to acquire Sprint would not be good for national security, and according to Reuters, they are asking the FCC to suspend the review of the buyout, stating that “Dish’s merger proposal is better for American consumers, better for Sprint shareholders, and better for national security than the SoftBank proposal.” This is not the first time we’ve heard about concerns over national security as Sprint and Softbank have stated back in March that they promise not to use Chinese equipment. In any case we’re not sure what this filing to the FCC will accomplish and if it will derail Softbank’s plans and schedule.

By Ubergizmo. Related articles: HTC Desire L Headed For Taiwan, iPhone 5S Front-Facing Camera Module Leaks [Rumor],

    

Softbank Appears Unfazed By Dish’s Counter Offer For Sprint

Softbank Appears Unfazed By Dishs Counter Offer For SprintWe reported yesterday that Dish could be interested in making a bid on Sprint worth $25.5 billion. If the deal was formalized, Sprint would obviously have to entertain this new offer and see what Softbank has to offer them instead. For those wondering what Softbank had to say to Dish’s offer, it seems that they are relatively unfazed by the seemingly more generous offer. Softbank called Dish’s offer “highly conditional” and that they don’t expect it to get in the way and are still on track with completing their deal with Sprint this coming summer.

In a statement made by Softbank, here’s what they had to say, “Softbank believes that the agreed terms of our transaction with Sprint offer Sprint shareholders superior short- and long-term benefits to Dish’s highly conditional preliminary proposal […] The Softbank-Sprint transaction is in the advanced stages of receiving the necessary approvals, and we expect to consummate the transaction on July 1, 2013.”

By Ubergizmo. Related articles: PhotoFast Lightning Mount Helps Secure Your iPhone 5 To 30-Pin Accessories, Xiaomi CEO Plans To Take The Company Global By Shipping 15 Million Smartphones In 2013,

    

The Daily Roundup for 04.15.2013

DNP The Daily RoundUp

You might say the day is never really done in consumer technology news. Your workday, however, hopefully draws to a close at some point. This is the Daily Roundup on Engadget, a quick peek back at the top headlines for the past 24 hours — all handpicked by the editors here at the site. Click on through the break, and enjoy.

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Dish Reportedly Interested In Sprint As Well, Makes Counter-Offer Of Their Own

Dish Reportedly Interested In Sprint As Well, Makes Counter Offer Of Their OwnAs you guys have heard, Japanese carrier Softbank is currently in the process of purchasing a 70% stake in one of the four major US carriers, Sprint. While the deal has yet to be concluded and approved by all the regulatory bodies involved, word on the street has it that US satellite television company, Dish, might want a piece of Sprint as well and has made a counter-offer of their own. According to the Financial Times, Dish has reportedly offered Sprint’s shareholders $7 in cash, which is higher than $4.03 which is what Softbank is offering, and is also claiming that their offer of cash plus shares is worth 13% more than what Softbank is proposing, ultimately making their offer worth $25.5 billion. Assuming that the bid is formalized, we guess it’s back to Sprint’s board of directors to decide if Softbank will be willing  to match Dish’s offer, and if the other advantages associated with Dish will outweigh that of Softbank.

By Ubergizmo. Related articles: LG Rumored To Host Event On 1st Of May, Possible US Announcement Of Optimus G Pro, Analyst: iPhone 5S To Feature Fingerprint Scanner, Larger Camera, And Re-arranged Side Buttons,

    

Dish Network bids $25.5bn for Sprint to bypass Softbank buy

Dish Network has thrown in as a Sprint suitor, offering $25.5bn to pick up the ailing CDMA carrier, and frustrate would-be buyer Softbank in the process. The takeover – which Dish chairman Charles Ergen described as “much more compelling than the Softbank transaction,” in his opinion, and by the satellite TV provider’s own calculations would amount to 13-percent more than the Japanese carrier has offered – would leave Dish able to offer combined home and mobile voice, data, and entertainment services across the US.

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“Sprint is in play” Ergen said of his company’s new deal, with the chairman apparently far more confident that Dish could pick up the carrier than it was about the proposed Clearwire deal earlier this year. Despite making an informal offer for Clearwire, Dish subsequently abandoned its bid after numerous legislation issues arose.

In contrast, Ergen points out, picking up Sprint would only involve paying off the $600m breakup fee that is part of the carrier’s existing sale agreement with Softbank. Dish would cover that fee, the chairman promises, in addition to paying $4.76 in cash and $2.24 in Dish stock for every Sprint share.

“Sprint shareholders will benefit from a higher price with more cash while also creating the opportunity to participate more meaningfully in a combined DISH/Sprint with a significantly-enhanced strategic position and substantial synergies that are not attainable through the pending SoftBank proposal” Charles Ergen, chairman, Dish Network

The payoff for Dish is clear, the company has said. With Sprint included, the TV provider could bundle voice and internet service, in addition to mobile entertainment access, to subscribers: Sprint’s cellular data could provide an alternative to traditional DSL/cable home broadband. For Sprint, Dish argues, the benefit would be not only in cash but Dish’s existing 45 MHz spectrum holding, its roster of satellite TV subscribers, and its network of customer services and technical staff already operating in the US. In all, Dish argues it could achieve savings of around $11bn if the deal goes through.

“The combined national footprints and scale will allow DISH/Sprint to bring improved broadband services to millions of homes with inferior or no access to competitive broadband services” Charles Ergen, Dish Network

Softbank announced its bid for Sprint late last year, offering $2.2bn for the carrier in what it said was an attempt to streamline the US operator’s LTE rollout, plus a shortcut to negotiating better deals for top-tier handsets. Dish came out as a vocal critic of the acquisition soon after.

The Sprint board will now have the option to consider Dish Network’s offer, though – even if accepted – Softbank will have the opportunity to increase its own bid. Dish has a new microsite detailing its proposal, with Ergen even going so far as to compare the suggested deal with Seinfeld. “In terms of our strategy,” the chairman writes, “I often think of the television show Seinfeld … you initially didn’t know exactly where things were going, but it seemed to all come together in the end.”

[via WSJ]


Dish Network bids $25.5bn for Sprint to bypass Softbank buy is written by Chris Davies & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Dish Network bids $25.5 billion for Sprint, goes head-to-head with Softbank

Dish Network bids $255 billion for Sprint, goes headtohead with Softbank

In the battle for Sprint’s heart, Dish Network always seemed to be stuck in the “friend zone”. That’s not the case anymore, however, now that Dish has quietly lobbed an informal $25.5 billion offer to purchase the carrier. The Wall Street Journal is reporting that after Dish was knocked-back in its attempts to buy Clearwire, the satellite TV company scrounged together the cash to beat Softbank’s multi billion dollar deal. If the bid is made formal, then Sprint’s board will have to decide if Softbank’s massive size and buckets of cash can be trumped by Dish’s spectrum reserves, pay-TV business and ability to skip commercials in a breeze.

Update: Dish clarified on a conference call that its bid for Clearwire is still on the table for the company to consider even if it was turned down, and that the Sprint offer is not contingent on the carrier closing out its Clearwire purchase. Should the deal go through, the plan is target underserved and rural customers, rather than competing with inner-city fiber-based services. Softbank may find itself beaten by the higher offer, but if Dish succeeds, the Japanese company would still hold around 5% of Sprint’s shares.

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Via: The Wall Street Journal

Source: Dish

Japanese mobile boss claims he’s already patented the tech inside Google Glass

CEOh no he didn't! Japanese mobile boss claims he's already patented the tech inside Google Glass

Patent filings, we don’t take so seriously. One of Japan’s richest men, with the potential to call on an army of lawyers to defend what he claims is his invention, we probably ought to. Masayoshi Son, the billionaire (and philanthropic) CEO of SoftBank, has given a two-hour speech to his shareholders about his technological predictions for the next 30 years, and about halfway through he describes a familiar idea: augmented reality glasses that can understand what a person is saying and provide subtitles as a visual overlay. At one point, he specifically mentions protecting the concept:

“By the way, we’ve already taken out a patent on this — translation glasses with captions.” (1:22:49 in the video at the source link.)

We think we may have found the patent application in question, submitted in 2010 by SoftBank Mobile Corp. It does show a translation function similar — but not totally identical — to what’s been shown off in a recent Project Glass promo video, in which a guy translated his own words using Google’s specs. In any case, the whole patent system is so esoteric that it’s impossible to predict what ideas will clash and what won’t, but it’s worth bearing in mind how Masayoshi Son first became rich: he sold a translation device patent to Sharp for $1 million. What are the odds on that?

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Via: DVICE, Ubergizmo

Source: SoftBank, Ekouhou patent filing (Japenese)