Home  ›  News  ›

SoftBank Sinks More Money Into Sprint

Article Comments  1  

Aug 13, 2015, 6:50 AM   by Eric M. Zeman

SoftBank has been snapping up shares of Sprint, increasing its stake recently by as much as $87 million. Despite SoftBank CEO Masayoshi Son's misgivings about the overall acquisition of Sprint, SoftBank said it "is enthusiastic about Sprint's prospects. The SoftBank Group and Sprint teams have been working closely together on Sprint's network strategy to enhance Sprint's competitiveness and reduce its capital expenditures and operating costs." SoftBank didn't say if it plans to continue purchasing Sprint shares. The carrier recently fell behind T-Mobile in terms of subscribers in the U.S., making it the fourth-largest carrier.

Wall Street Journal »


more news about:



This forum is closed.

This forum is closed.


Aug 13, 2015, 12:15 PM

Sprint Network

They've had 20 years now to build up their network and it still sucks for the most part. I wouldn't have Sprint if you paid me. They have no redeeming qualities.
Page  1  of 1

Subscribe to news & reviews with RSS Follow @phonescoop on Threads Follow @phonescoop on Mastodon Phone Scoop on Facebook Follow on Instagram



All content Copyright 2001-2024 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.