Softbank to pay $20 bil. to acquire 70% of Sprint Nextel

Softbank to pay $20 bil. to acquire 70% of Sprint Nextel

TOKYO, Japan - Softbank Corp. Chairman and Chief Executive Officer Masayoshi Son (R) and Sprint Nextel Corp. Chief Executive Officer Dan Hesse attend a news conference in Tokyo on Oct. 15, 2012. Softbank said the same day it will pay $20.1 billion to acquire a 70 percent stake in major U.S. cellular phone company Sprint Nextel in what will be one of the largest overseas acquisitions by a Japanese firm and creates the world's third-largest cellphone carrier by sales.

  • Product Code
  • ILEA001175755
  • Registered date
  • 2012/10/15 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2012 Kyodo News
  • Media size
  • 3607 × 2806 pixel
  • Resolution
  • 240 dpi
  • Deployment size
  • 723.64(KB)*
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*File size when opened in Photoshop, etc.

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