Japan's SoftBank Corp will hold a news conference on Tuesday about its deal to acquire 70 percent of U.S. wireless carrier Sprint Nextel Corp as investors seek clues on whether it might trump a counteroffer from Dish Network Corp.SoftBank's billionaire founder and top executive Masayoshi Son, who has remained tight-lipped on Dish's bid for Sprint, will brief the media from 5 p.m. (0800 GMT) in Tokyo after releasing its full-year financial results.The Japanese mobile operator announced a $20.1 billion deal for the majority stake in Sprint last October as it looks for growth abroad. The company faces a stagnating market at home, crowded by large competitors such as NTT DoCoMo Inc and KDDI Corp.SoftBank has said it is on track to close its deal with Sprint by July 1.
NTT DOCOMO, INC. is a Japan-base company mainly engaged in the mobile communication business. Shares of DCM remained unchanged at $16.20. In the past year, the shares have traded as low as $13.81 and as high as $17.49. On average, 393405 shares of DCM exchange hands on a given day and today's volume is recorded at 0.
DISH Network Corporation is a pay-television (TV) provider, with approximately 13. Shares of DISH remained unchanged at $40.56. In the past year, the shares have traded as low as $26.12 and as high as $40.34. On average, 3176820 shares of DISH exchange hands on a given day and today's volume is recorded at 0.
Sprint Nextel Corporation (Sprint) is a holding company, with its operations primarily conducted by its subsidiaries. Shares of S remained unchanged at $7.12. In the past year, the shares have traded as low as $2.32 and as high as $7.35. On average, 48841400 shares of S exchange hands on a given day and today's volume is recorded at 0.
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