Japan’s Softbank Mulling Sprint Bid (Reports)

And the carrier consolidation talks continue at blink-and-you’ll-miss-it speeds. Just last week, sources reported that Sprint was mulling the possibility of ponying up a counterbid for MetroPCS to try and break up the small carrier’s recent merger agreement with T-Mobile.  That offer never materialized, and now we might have an inkling why.

Japan’s Nikkei newspaper reports that Softbank, that country’s third-largest carrier, is in talks to possibly buy two-thirds of Sprint’s total stock shares, acquiring control of the company in exchange for a vast sum of money. Reuters places the total at “more than $12.8 billion,” while the Verge quotes a $19 billion figure.

Softbank’s been on a wheeling and dealing roll of late; the company announced a deal to acquire Japanese rival eAccess for $2.3 billion just over a week ago, on October 2nd, it picked up another Japanese carrier named Willcom earlier in the year.

Acquiring majority control of Sprint would do more than just give Softbank its first crack at the U.S. market. The company also hopes that taking over Sprint would help it get better terms from phone and networking equipment manufacturers, the Nikkei reported. Bloomberg reports that both Softbank and Sprint use networking equipment made by Ericsson AB.

Email* (will not be published)
*Indicates required field
Submit Comments

All Product Types Accessories Cars Digital Camcorders Digital Cameras eReaders GPS Laptops MP3 & Video Players Projectors Smartphones Software Storage Tablets / MIDs VoIP Wi-Fi
All Subcategories
All Subcategories All-Purpose Budget Business Desktop Replacement Gaming Multimedia Netbook Nettop Rugged Student Tablet PCs Ultraportable
Acer Alienware Apple Archos ASUS Averatec BenQ CTL Corp. Dell Digital Storm eMachines Emtec Everex Fujitsu GammaTech Gateway General Dynamics Getac Gigabyte Hercules HP HTC iBuyPower Intel Lenovo MSI Nokia Nvidia OCZ OLPC OQO Origin Panasonic Sager Samsung Sony Sylvania Systemax TabletKiosk Toshiba Verizon Viewsonic Viliv VooDoo Workhorse PC ZT Systems
Minimum Rating
Any Rating 4.5 Stars 4.0 Stars 3.5 Stars 3.0 Stars
Screen Size
10 11 12 13 14 15 16 17 18 20 4 5 6 7 8 9
1024x576 1024x600 1024x768 1200X800 1280 x 720 1280x1024 1280x768 1280x800 1366x678 1366x768 1440x1050 1440x900 1600x768 1600x900 1680x1050 1680x945 1920x1080 1920x1200 800x400 800x480
Weight Range
10.1 - 12.0 pounds 12.1 - 14.0 pounds 14.1 - 16.0 pounds 2 lbs 2 pounds and under 2+ lbs 2.1 - 4.0 pounds 4.1 - 6.0 pounds 6.1 - 8.0 pounds 8.1 - 10.0 pounds Over 16 pounds Under 2 pounds
more options