SoftBank today said that it expects to close its equity acquisition of Sprint Nextel on Wednesday, July 10. The deal received approval from the Federal Communications Commission last week, and Sprint shareholders at the end of June. The deal now has all the approvals necessary to move forward. SoftBank first proposed the 70% equity acquisition in October 2012.
Hooooray! Softbank I dont think will take this company away from unlimited data. I assume that they will be there for guidance and financial support. Sprint needs it real bad but now they can move forward with the new and improved Sprint. So stoked ab... (continues)