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Japan's Softbank May Acquire Sprint

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.

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mikkej2k

Oct 11, 2012, 7:41 AM

Sprint = $12.8 Billion T-Mobile = $39 Billion What's up with that?

I would like to see the details so that I can understand the difference in the valuation of the deals.

newfoneguy

lol. I'm jumping the sprint ship for a reason. But you have to keep in mind this is talks not a sale. Rumors at that.

...

Eric M. Zeman

T-Mobile USA isn't a publicly traded company. It's a subsidiary of Deutsche Telekom.

Sprint IS a publicly traded company. At the close of the market yesterday, its stock price was $5. Acquisitions of publicly-traded companies are almost always bas...
(continues)

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vikes0115

There are a couple of key differences which prevent you from directly comparing those two figures.

First, the way the press release and corresponding news article are worded it appears that the $12.8 billion figure is what Softbank is expecting to ...
(continues)

mikkej2k

Oct 11, 2012, 7:23 AM

Konnichiwa Softbank San

Didn't see this coming.

How exactly will this be a positive for either company?

Not criticizing , just curious.

hungryjoe

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 negotiat...
(continues)

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