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Sprint Confirms Softbank Talks

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

Updated: Removed reference to CDMA

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.

more info at Sprint »

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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
 
 
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