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FILE - Three Dish Network satellite dishes are shown at an apartment complex in Palo Alto, Calif., in this Feb. 23, 2011 file photo. Dish Network is offering to buy Sprint Nextel Corp. in a cash-and-stock deal it values at $25.5 billion, saying its bid is superior to that of Japanese phone company SoftBank. (AP Photo/Paul Sakuma, File)

Dish Network offers to buy Sprint in $25.5B deal, says bid is superior to SoftBank's proposal

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Dish Network is offering to buy Sprint Nextel Corp. in a cash-and-stock deal it values at $25.5 billion, saying its bid is superior to that of Japanese phone company SoftBank.

Sprint's stock jumped in premarket trading Monday.

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