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Japan's Softbank May Acquire Sprint

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Konnichiwa Softbank San


Oct 11, 2012, 7:23 AM
Didn't see this coming.

How exactly will this be a positive for either company?

Not criticizing , just curious.

Oct 11, 2012, 9:27 AM
Softbank's LTE network uses the same standards and frequencies as Clearwire's planned LTE network, which means compatible handsets. The combined company would have somewhere between 80 and 90 Million customers, giving them greater leverage to negotiate with handset and equipment suppliers. Softbank has probably also reached the limit of domestic expansion in Japan and needs to look elsewhere for growth. In spite of it's size Sprint's market cap makes it a cheap buy for Softbank. As for Sprint, they just plain need the money.

As a Sprint shareholder I wouldn't mind it one bit since I bought the stock for just over two bucks a share, but I think Sprint made a huge mistake not closing the deal they negotiated for MetroPCS earlier this year....

Oct 11, 2012, 9:46 AM
$2+! You will do well. I believe it was around $13 when Dan took over.

Oct 11, 2012, 10:09 AM
WoW 2 bucks.. wouldn't I love to be you holding those... I'd be hoping softbank would take over sprint then. Those sound like great assets to be holding onto.

Oct 11, 2012, 10:20 AM
If Sprint got more revenue to improve not only its network but also Clear's network then this could be a beneficial to not only Sprint shareholder but also to Sprint customers and all of Sprint's MVNO customers.

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