Intel CEO backs SoftBank’s bid for Sprint over Dish’s offer
(Reuters) – Intel Corp Chief Executive Paul Otellini said in a letter to the Federal Communications Commission that he supports SoftBank’s bid for Sprint Nextel Corp, rather than Dish Network’s counter offer. Sprint, the No. 3 U. S. wireless service provider, is considering a $25. 5 billion bid from Dish but has also said it is on track to close its $20. 1 billion pact with SoftBank by July 1. . . .
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