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Japan's Softbank Buying Sprint, Creating Third-Largest Global Carrier

Posted by timothy on from the anticipate-xenophobes dept.

New submitter metallurge writes "Japan's third-largest wireless carrier intends to acquire Sprint, the third-largest U.S. carrier for 20.1 billion U.S. dollars, creating the third-largest global carrier. After the transaction is completed, Softbank will own 70% of the newly-created 'New Sprint,' which will maintain current Sprint CEO Dan Hesse in that role. How this will affect Deutsche Telekom/T-Mobile's attempt to merge with Sprint reseller MetroPCS is unclear."

1 of 59 comments (clear)

  1. Re:Explains my crappy signal strength by TheNinjaroach · · Score: 4, Insightful

    Great! They're a perfect match.

    --
    I went to eat some animal crackers and the box said, "Do not eat if seal is broken." I opened the box and sure enough..