Toward the end of last year, Sprint got some good news as the Japanese company SoftBank began the process of buying the Now Network. The merger has been up and down, with some shareholders trying to hold out for more money, but for the most part everything seemed on track to create a more powerful and competitive Sprint. In fact, many of the regulatory hurdles have been already worked out, although there are some complicated aspects of the merger because Sprint themselves are in a battle to buyout ClearWire. However, a new bit of news today complicates things even further. DISH Network, the floundering satellite TV provider just entered a counter offer to buy Sprint outright that is a larger bid than SoftBank's. Here's a quote with the details, As you can see, the deal offered by DISH is a good one. It will be hard for investors to ignore, and, at the very least, will slow down the merger with SoftBank. If Sprint and its shareholders decide to entertain this offer seriously the question remains, "will SoftBank be willing to increase their offer to finish the deal?" It's hard to say which would have a better outcome in the future. On the one hand, if DISH did win the bid, that would mean keeping the ownership of Sprint in the United States, and it could help bolster DISH network to become a better digital wireless competitor. On the other hand, SoftBank is already a powerful and profitable company, and could offer beter future investment potential to help grow Sprint and make them more competitive with the other three big US carriers. Both options seem to have pluses and minuses. Which do you think would be the better option? Source: Yahoo!