Latest News: Technology |  Celebrity |  Movies |  Apple |  Cars |  Business |  Sports |  TV Shows |  Geek

Trending

Filed under: Rumors | Mobile Phones

 

Softbank rumored to buy $12.8 billion Stake in Sprint

Reuters reports that Japanese carrier is in talks to buy a major stake in Sprint.

Oct 11 2012, 8:09am CDT | by

1 Updates
Softbank rumored to buy $12.8 billion Stake in Sprint
 
 

YouTube Videos Comments

Full Story

Softbank rumored to buy $12.8 billion Stake in Sprint

Is Sprint soon Japanese? Reuters reports that a source with direct knowledge of the matter revealed that Softbank is in talk to acquire a major stake in Sprint. Softbank is supposed to spend $12.8 billion (1 Trillion Yen). Sprint's market value is $15.12 billion. Softbank would have the majority of Sprint if this deal happens.

More details on Reuters.

 

iPad Air Giveaway. Win a free iPad Air.

You Might Also Like

Updates


Sponsored Update


Advertisement


More From the Web

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

Comments

blog comments powered by Disqus

Latest stories

Chris Pratt Leads Guardians of the Galaxy To Interstellar Hit
Chris Pratt Leads Guardians of the Galaxy To Interstellar Hit
Guardians of the Galaxy's looking to make over $75 million this weekend, with over $11.2 million in the late night previews alone. Figures are still pouring in, but Chris Pratt's promoting the movie just like a Star-Lord.
 
 
Reggie Bush Not Slowing Down in 9th NFL Season
Reggie Bush Not Slowing Down in 9th NFL Season
Detroit Lions running back and nine-year NFL veteran Reggie Bush isn't slowing down, per the Lions' official website.
 
 
Tony Parker Signs 3-Year, $43.3M Extension
Tony Parker Signs 3-Year, $43.3M Extension
San Antonio Spurs point guard Tony Parker signed a three-year, $43.3 million extension on Aug. 1.
 
 
Nicole Murphy and Michael Strahan Call Off Engagement
Nicole Murphy and Michael Strahan Call Off Engagement
The News Happens One Day Before Strahan Will Be Inducted Into The Hall of Fame.
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.