{"id":37575,"date":"2017-07-31T06:33:57","date_gmt":"2017-07-31T06:33:57","guid":{"rendered":"https:\/\/www.biphoo.com\/bipnews\/?p=37575"},"modified":"2017-07-31T06:39:28","modified_gmt":"2017-07-31T06:39:28","slug":"charter-communications-says-no-interest-in-buying-sprint","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/technology\/charter-communications-says-no-interest-in-buying-sprint.html","title":{"rendered":"Charter Communications says &#8216;no interest&#8217; in buying Sprint"},"content":{"rendered":"<h2 style=\"text-align: justify\"><span style=\"font-size: 18pt\"><strong><span style=\"color: #000000;font-family: Arial, Helvetica, sans-serif\">Charter Communications says &#8216;no interest&#8217; in buying Sprint<\/span><\/strong><\/span><\/h2>\n<p style=\"text-align: justify\"><span style=\"color: #000000;font-size: 14pt;font-family: Arial, Helvetica, sans-serif\">Charter Communications Inc is not interested in Sprint Corp&#8217;s proposal to be acquired by Charter, a company spokesman said.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"color: #000000;font-size: 14pt;font-family: Arial, Helvetica, sans-serif\">Sprint proposed a merger with Charter as the wireless carrier seeks an alternative to a deal with T-Mobile US Inc that has so far not come to fruition, sources familiar with the matter told Reuters on Friday.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"color: #000000;font-size: 14pt;font-family: Arial, Helvetica, sans-serif\">Japan&#8217;s SoftBank Group Corp, which controls Sprint, proposed a complex transaction that would create a new company and be controlled by SoftBank, the sources said.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"color: #000000;font-size: 14pt;font-family: Arial, Helvetica, sans-serif\">&#8220;We understand why a deal is attractive for Softbank, but Charter has no interest in acquiring Sprint,&#8221; the spokesman said in an email to Reuters on Sunday.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"color: #000000;font-size: 14pt;font-family: Arial, Helvetica, sans-serif\">Charter has a good mobile virtual network operator (MVNO) relationship with Verizon Communications Inc and intends to launch wireless services to cable customers next year, the spokesman added.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"color: #000000;font-size: 14pt;font-family: Arial, Helvetica, sans-serif\">MVNOs do not own networks, and instead rent capacity from established operators to sell on to their customers, usually at low prices due to their small overheads, with cheap distribution through the internet or convenience stores.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"color: #000000;font-size: 8pt;font-family: Arial, Helvetica, sans-serif\">source:-https:\/\/www.reuters.com\/article\/us-charter-commns-m-a-sprint-corp-idUSKBN1AG066<\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/technology\/charter-communications-says-no-interest-in-buying-sprint.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Charter Communications says &#8216;no interest&#8217; in buying Sprint Charter Communications Inc is not interested in Sprint Corp&#8217;s proposal to be acquired by Charter, a company spokesman said. Sprint proposed a merger with Charter as the wireless carrier seeks an alternative to a deal with T-Mobile US Inc that has so [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":37582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[30167,30166,30165],"class_list":["post-37575","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-att-bought-sprint","tag-buying-sprint-phones","tag-buying-sprint-stock"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/37575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=37575"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/37575\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/37582"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=37575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=37575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=37575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}