US mobile operator Sprint has agreed to acquire the half of broadband provider Clearwire that it doesn’t already own.
It’s paying $2.2 billion for Clearwire, which offers 4G wireless broadband services and also holds a large portfolio of mobile spectrum in the USA.
Japan-based IT and telecoms business SoftBank has agreed a deal that’ll see it owning around 70% of US mobile operator Sprint.
SoftBank will invest $20.1 billion, with shareholders receiving $12.1 billion and $8 billion being used as new capital.
North American network operator Sprint has announced that it’s joining the Tizen Association, which is the industry consortium dedicated to supporting the Tizen open-source mobile platform.
Tizen was revealed in September 2011 as a successor to MeeGo.
The Google Wallet mobile payment application, which was announced by the company in May, is now being rolled out to customers in the USA.
It’s currently only available on the Google Nexus S 4G phone to customers who have a Citi MasterCard credit card or the Google Prepaid debit card and are using the Sprint network, although Visa, Discover and American Express are also expected to participate in the future.
Google is the latest company to confirm its plans to launch a 'mobile wallet'.
It's been demonstrating the Google Wallet application today and says this'll be launched to consumers in the summer on the Nexus S 4G in the USA. The app has been developed in partnership with Citi, MasterCard, First Data and Sprint.