Tuesday, October 16, 2012

While You Were Sleeping: Sprint Announces ?Special Webcast? For 4am Eastern Today; $20B Softbank Investment Confirmed?

sprintlogoA terse announcement from Sprint moments ago, scheduling a conference call at 4am Eastern (a couple of hours from now) could be a sign that Softbank's acquisition of Sprint may be coming to a close sooner rather than later. It follows yesterday's news that Japanese carrier and tech investor Softbank will be buying a 70% stake in Sprint?for $20 billion. Sprint confirmed last week that it was in strategic discussions with Softbank.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/vnyGNNxgZp4/

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