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  • DISH Sprint Softbank Clearwire Story Over? Whatever: Buy NIHD And SITO 3 comments
    Jun 21, 2013 6:48 AM | about stocks: DISH, S, S, NIHD, SITO, T

    From SA Today:

    SoftBank (OTCPK:SFTBF) CEO Masayoshi Son has forecast that his company's $21.6B acquisition of...

     

    • Friday, June 21, 3:07 AM ET
      SoftBank (OTCPK:SFTBF) CEO Masayoshi Son has forecast that his company's $21.6B acquisition of Sprint (NYSE:S) should achieve savings of ¥200B ($2B) a year over the next four years. The deal should be completed early next month, barring a late twist involving Dish (NASDAQ:DISH) or regulatory problems, Son said at a shareholders meeting. He acknowledged that SoftBank considered buying T-Mobile (NYSE:TMUS) as an alternative to Sprint.

    We think Sprint, DISH and CLWR are close to fully valued and do not represent significant upside from their current share prices in the current mobile computing push. We believe the under-loved wireless carrier NII Holdings (NASDAQ:NIHD) holds valuable licensed spectrum in growth markets and therefore has tremendous upside potential. We see upside in shares of the names that will participate regardless of who wins the most customers. Our up and comer pick Single Touch (OTCQB:SITO) has a compelling mobile advertising business and are expanding their reach through AT&T (NYSE:T) as its conduit to deliver sponsored SMS text messages. In addition, they have a very powerful patent portfolio which is of significant strategic value to anyone in the mobile advertising and video streaming space, including DISH and any of the well healed CLWR shareholders, present, past or future.

    From SA Yesterday:

    AT&T (T) considered buying up to a 29.9% stake in Telefonica (NYSE:TEF) before the Spanish...

     

    • Thursday, June 20, 4:37 PM ET
      AT&T (T) considered buying up to a 29.9% stake in Telefonica (TEF) before the Spanish government said no, has mulled buying France Telecom (FTE)/Deutsche Telekom's (OTCQX:DTEGY) Everything Everywhere U.K. mobile JV and Telefonica's O2 U.K. unit or Latin American ops, and "remains interested" in Vodafone (NASDAQ:VOD) assets,Bloomberg reports. A merger with Telefonica has also been explored, even though AT&T's ties with America Movil (NYSE:AMX) would complicate matters. Meanwhile, the FT reports CEO Randall Stephenson is meeting with EC telecom regulator Neelie Kroes. It safe to assume Ma Bell is serious about expanding abroad in order to offset slumping U.S. growth. (previous)

    Disclosure: I am long NIHD, OTCQB:SITO.

    Stocks: DISH, S, S, NIHD, SITO, T
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Comments (3)
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  • Erb69
    , contributor
    Comments (166) | Send Message
     
    I think Sprint still owns 17% of NII Holdings
    4 Jul 2013, 08:59 AM Reply Like
  • Tufenk
    , contributor
    Comments (961) | Send Message
     
    Author’s reply » From their latest proxy:

     

    (1)
    Based on 171,654,982 shares of common stock issued and outstanding on March 25, 2013.
    (2)
    According to a Schedule 13G/A filed with the Securities and Exchange Commission on February 14, 2014, FMR LLC has sole power to vote 349,560 shares and to dispose of 25,747,960 shares of our common stock. Of that amount, Fidelity Management & Research Company (“Fidelity”) is the beneficial owner of 25,398,400 shares of our common stock. Fidelity, a wholly-owned subsidiary of FMR LLC, owns the securities as investment adviser to various investment companies. The number of shares of our common stock held by one investment company, Fidelity OTC Portfolio, amounted to 17,120,769. Edward C. Johnson 3d, Chairman of FMR LLC, and FMR LLC, through its control of Fidelity and the funds, each has sole power to dispose of the 25,398,400 shares owned by the funds. The members of the family of Edward C. Johnson 3d, chairman of FMR LLC, are a controlling group of FMR LLC due to their ownership of approximately 49% voting power of FMR LLC and a voting agreement. An investment company, Pyramis Global Advisors, LLC (“PGALLC”) is the beneficial owner of 12,890 shares of our common stock. PGALLC, an indirect wholly-owned subsidiary of FMR LLC, owns the securities as a result of its serving as investment adviser to certain institutional accounts and funds. Each of Edward C. Johnson 3d and FMR LLC, through its control of PGALLC, has sole dispositive power over the 12,890 shares and sole voting power over 12,890 shares beneficially owned by the institutional accounts or funds advised by PGALLC. Pyramis Global Advisors Trust Company (“PGATC”), an indirect wholly-owned subsidiary of FMR LLC, is the beneficial owner of 336,670 shares of our common stock as a result of its serving as investment manager of institutional accounts owning such shares. Each of Edward C. Johnson 3d and FMR LLC, through its control of PGATC, has sole dispositive power over 336,670 shares and sole voting power over or to direct the voting of the 336,670 shares beneficially owned by PGATC.
    (3)
    According to a Schedule 13G/A filed with the Securities and Exchange Commission on February 11, 2013, Prudential Financial, Inc. (“Prudential”) has, through its direct or indirect subsidiaries, sole voting and dispositive power with respect to 807,063 shares of our common stock, shared voting power with respect to 19,987,392 shares and shared dispositive power with respect to 21,077,405 shares. Prudential is a holding company and is the indirect parent of Jennison Associates LLC (“Jennison”). According to a Schedule 13G/A filed by Jennison with the Securities and Exchange Commission on February 13, 2013, Jennison reported that it has sole voting power to 20,809,452 shares, and shared dispositive power with respect to 21,866,612 shares of our common stock.
    (4)
    According to a Schedule 13G filed with the Securities and Exchange Commission on February 13, 2013, Capital World Investors has sole voting and dispositive power with respect to 13,308,800 shares of our common stock.
    (5)
    According to a Schedule 13G filed with the Securities and Exchange Commission on February 12, 2013, UBS Global Asset Management Americas Inc. has sole voting power with respect to 10,302,456 shares of our common stock and shared dispositive power with respect to 12,781,135 shares of our common stock.
    (6)
    According to a Schedule 13G filed with the Securities and Exchange Commission on February 13, 2013, T. Rowe Price Associates, Inc. has sole voting power with respect to 724,400 shares of our common stock and sole dispositive power with respect to 11,620,934 shares of our common stock.
    (7)
    According to a Schedule 13G filed with the Securities and Exchange Commission on February 12, 2013, Vanguard Group Inc. has sole voting power with respect to 124,064 shares of our common stock, sole dispositive power with respect to 10,059,458 shares of our common stock and shared dispositive power with respect to 116,064 shares of our common stock.
    (8)
    According to a Schedule 13G filed with the Securities and Exchange Commission on February 14, 2013, Discovery Capital Management, LLC has shared voting and dispositive power with respect to 10,081,040 shares of our common stock.

     

    http://1.usa.gov/1a1Q40v
    4 Jul 2013, 09:10 AM Reply Like
  • Erb69
    , contributor
    Comments (166) | Send Message
     
    I guess Sprint sold all their shares of Nii Holdings after the Sprint Nextel merger. According to wikipedia "Following Sprint's purchase of Nextel, Nextel sold all of its investment in NII Holdings."
    5 Jul 2013, 10:05 PM Reply Like
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