The Wall Street Journal is reporting that Japan-based SoftBank will allow the U.S. government to pick a member of Sprint's board if the deal goes through.

The Dish TV Network this morning is making a big bid to get into the mobile space. It wants to buy the country’s third largest cellphone carrier Sprint-Nextel for more than $25 billion.

To compete with AT&T and Verizon, which have about 70 percent of the market, Sprint needs more spectrum and Clearwire has it.

Softbank, Japan’s No. 3 mobile phone network, agrees to buy a majority stake in Sprint, in a bold bid to take on giants AT&T and Verizon.

The Japanese mobile phone carrier Softbank has reached a deal to buy 70 percent of U.S. wireless company Sprint Nextel. The $20 billion dollar deal is the largest-ever Japanese acquisition of a foreign company.

AT&T, Verizon and Sprint offer huge subsidies on new smartphones that hit bottom line.

Big Red wants you to go nuts on calls and texts, but keep your data use in check.

The cell phone carrier will evaluate all handsets for environmental impacts.

Here come the suits. Doo da doo doo.