Sprint part of Son's quest for the top

Business / Corporate Jun 22, 2013

Sprint part of Son's quest for the top

Billionaire Masayoshi Son told Softbank Corp. investors Friday how he plans to use the purchase of Sprint Nextel Corp. to transform Japan's No. 3 mobile carrier into the world's No. 1. At the company's annual meeting, Son is working to convince shareholders his $21.6 billion ...

Business / Corporate Oct 16, 2012

Softbank plans $20 billion Sprint buy

Softbank Corp. and Sprint Nextel Corp. have entered into definitive agreements under which Japan's third-largest mobile phone carrier will pay $20.1 billion (about ¥1.57 trillion) to acquire a 70 percent stake in the No. 3 U.S. cellphone firm, Softbank said Monday. The deal would create ...