from the anticipate-xenophobes dept.
New submitter metallurge writes "Japan's third-largest wireless carrier intends to acquire Sprint, the third-largest U.S. carrier for 20.1 billion U.S. dollars, creating the third-largest global carrier. After the transaction is completed, Softbank will own 70% of the newly-created 'New Sprint,' which will maintain current Sprint CEO Dan Hesse in that role. How this will affect Deutsche Telekom/T-Mobile's attempt to merge with Sprint reseller MetroPCS is unclear."
Economists can certainly disappoint you. One said that the economy would
turn up by the last quarter. Well, I'm down to mine and it hasn't.
-- Robert Orben