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Mon October 15, 2012
Softbank To Buy Majority Of Sprint Nextel
Originally published on Mon October 15, 2012 5:59 am
Japanese mobile phone company Softbank has announced it has agreed to buy 70 percent of Sprint Nextel for $20 billion. The deal would make Sprint Nextel a tougher competitor against its bigger rivals, Verizon Wireless and AT&T.