Monday, November 5, 2012

Sprint, SoftBank announce a deal #thecircuit

Sprint, SoftBank announce a deal: Sprint Nextel and the Japanese carrier SoftBank announced a $20.1 billion deal Monday that will hand majority control of the U.S. carrier to SoftBank. The Japanese firm is buying an approximately 70 percent stake in Sprint — an infusion of capital that will help the Sprint as it makes over its network.

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