Softbank to come to aid of Sprint [telecom]

Oct 17, 2012 1 Replies

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Bill Horne 13 years ago

Softbank to come to aid of Sprint

Japanese telecommunications and Internet Corporation, SoftBank Corp will be spending $20.1 billion to materialize its plans to help the biggest wireless market player in the United States, Sprint Nextel Corporation. In return, a 70 percent stake in the US carrier will be granted to the Japanese firm.

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Garrett Wollman 13 years ago

Have the foreign-ownership restrictions been lifted?

-GAWollman

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