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Sprint Confirms Softbank Talks

Oct 11, 2012, 10:31 AM by Eric M. Zeman
updated Oct 11, 2012, 10:44 AM

Sprint today confirmed earlier reports that it is holding discussions with Japan's Softbank. Sprint did not describe the talks as pertaining to an acquisition. Rather, it said Softbank may make a "potential substantial investment" in Sprint. In a statement, Sprint said, "Although there can be no assurances that these discussions will result in any transaction or on what terms any transaction may occur, such a transaction could involve a change of control of Sprint. Sprint does not intend to comment further unless and until an agreement is reached." Softbank is the third-largest wireless network operator in Japan, behind NTT DoCoMo and KDDI.

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Subject	Author	Date
Sprint reportedly agrees to sell 70 percent stake to Softbank	Haggard	Oct 14, 2012, 4:31 PM
WRONG!	lostandfound	Oct 11, 2012, 10:40 AM
Re: WRONG! by rwalford79 Oct 11, 2012, 11:24 AM Re: WRONG! by lostandfound Oct 11, 2012, 11:30 AM Re: WRONG! by rwalford79 Oct 11, 2012, 11:35 AM Re: WRONG! by lostandfound Oct 11, 2012, 12:51 PM