Japan’s Softbank Purchasing 70% Stake in Sprint For Whopping $20 Billion
David Faber for Business Insider writes:
Softbank and Sprint have reached a deal under which Softbank will pay $20 billion for a 70 percent stake in the wireless telecom operator, according to people close to the situation.
This is incredible. Alongside the T-Mobile and MetroPCS merger, the American mobile landscape is in for a huge shake up.