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Displaying items by tag: Softbank

Monday, 15 October 2012 20:10

Sprint Users, Rejoice!


Sprint has been purchased by the Japanese firm Softbank, as announced in a joint press meeting with the CEOs of both companies. Softbank will be purchasing 70% of the shares of Sprint for the staggering sum of $20.1 Billion dollars. This large chunk of change will directly revitalize Sprint, the underdog, when compared to Verizon or AT&T. Softbank, one of the larger mobile communication firms in Japan will gain access to the American market, which is less mature than the Japanese mobile market.

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