Softbank Agrees to Buy 70% Sprint Stake in $20.1 Billion Deal

An Apple Inc. iPhone 5 is displayed at a counter for Softbank Corp. outside an electronics store in Tokyo, Japan, on Monday, Oct. 15, 2012. Softbank agreed to pay $20.1 billion to acquire about a 70 percent stake in Sprint Nextel Corp. as Japan’s third-biggest mobile-phone operator seeks growth overseas amid a declining local market. Photographer: Kiyoshi Ota/Bloomberg via Getty Images
An Apple Inc. iPhone 5 is displayed at a counter for Softbank Corp. outside an electronics store in Tokyo, Japan, on Monday, Oct. 15, 2012. Softbank agreed to pay $20.1 billion to acquire about a 70 percent stake in Sprint Nextel Corp. as Japan’s third-biggest mobile-phone operator seeks growth overseas amid a declining local market. Photographer: Kiyoshi Ota/Bloomberg via Getty Images
Softbank Agrees to Buy 70% Sprint Stake in $20.1 Billion Deal
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Bloomberg / Contributor
Editorial #:
154143708
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Bloomberg
Date created:
15 October, 2012
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Bloomberg
Object name:
SOFTBANK SPRINT