Tagged #Softbank

Oct 15 AT 8:59 AM Taylor Wimberly 33 Comments

Softbank to buy 70% of Sprint, will provide services that U.S. citizens have never experienced

Early this morning Japan’s Softbank and Sprint announced they had entered into a series of definitive agreements in which Softbank will invest $20.1 billion in Sprint. They will form a new publicly traded entity, New Sprint, which Softbank will own approximately 70% and Sprint equity holders will own approximately 30% of the shares.

“Everytime ... Read More »