Home › News ›

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.

Related

T-Mobile Picks up the New Motorola Edge

Jun 4, 2024
Motorola has taken the wraps off the 2024 edition of its mid-range Edge phone. True to its name, this year's model has an "endless edge" design with a 6.6-inch pOLED display that curves at the sides.

Metro Launches new REVVL Phones with Unique Perks Attached

May 14, 2024
T-Mobile today announced the REVVL 7 series of T-Mobile-branded phones exclusively for T-Mobile and Metro by T-Mobile. T-Mobile also announced some slightly unusual perks exclusive to the REVVL series on Metro.

Motorola Gives its Stylus Phone a Spec Bump

May 9, 2024
Motorola has revealed the 2024 edition of its moto g stylus 5G , a model that typically sits near the upper end of its moto g series of affordable phones. The new model addresses most shortcomings of last year's model, adding wireless charging and boosting the wide-angle camera resolution from 8 megapixel to a more-useful 13 megapixel.

TCL 50 Series Reaches US on Metro

Apr 24, 2024
TCL's new 50 series of phones is reaching US shores with the launch of the TCL 50 XL 5G on Metro by T-Mobile tomorrow. At $159, it's one of the more affordable 5G phones available to date.

Motorola Brings More Affordable 5G Phones to its 2024 Lineup

Mar 12, 2024
Motorola has announced the 2024 editions of the moto g 5G and moto g power 5G, priced at $200 and $300, respectively (MSRP, unlocked). Both phones offer 5G, a vegan leather finish on the back, 120 Hz display refresh, 50 megapixel main camera, 5,000 mAh battery, 128 GB storage (expandable), NFC, fingerprint reader (on the side), and a headset jack.

more news about:

Comments

This forum is closed.

This forum is closed.

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)

...

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)

...

Page 1 of 1