Phone Scoop

printed October 31, 2014
See this page online at:
http://www.phonescoop.com/articles/article.php?a=11309

Home  ›  News  ›

Japan's Softbank May Acquire Sprint

Article Comments  19  

Oct 11, 2012, 7:13 AM   by Eric M. Zeman

Softbank, Japan's third-largest mobile network operator, is in advanced talks to purchase Sprint. Citing sources familiar with the companies' plans, the Wall Street Journal reports that Sotftbank may pay as much as $12.8 billion for the U.S.'s third-largest carrier. Sprint executives have remarked in the past that they expect to see the industry consolidate further and even approve of it, as long as Verizon Wireless and AT&T - the country's two largest carriers - aren't involved. The Journal's sources did not say if Softbank will purchase all of Sprint or some of it. Neither Sprint nor Softbank confirmed the Journal's report. Earlier this month Deutsche Telekom proposed to merge its T-Mobile USA unit with MetroPCS.

more info at Wall Street Journal »

AD

Comments

Forum Options

This forum is closed.


Subject Author Date
Sprint = $12.8 Billion T-Mobile = $39 Billion What's up with that? mikkej2k Oct 11, 2012, 7:41 AM
Konnichiwa Softbank San mikkej2k Oct 11, 2012, 7:23 AM
 
 
Page  1  of 1

This forum is closed.

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Phone Scoop on Google+ Subscribe to Phone Scoop on YouTube Follow on Instagram

 

All content Copyright 2001-2014 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
1