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 attends 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 Corp. 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
  • ILEA001175760
  • Registered date
  • 2012/10/15 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2012 Kyodo News
  • Media size
  • 2806 × 3747 pixel
  • Resolution
  • 240 dpi
  • Deployment size
  • 561.84(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos
    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 (L) shakes hands with Sprint Nextel Corp. Chief Executive Officer Dan Hesse at 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.
      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.
        Softbank unveils new smartphones

        Softbank unveils new smartphones

        TOKYO, Japan - Softbank Mobile Corp. Chairman and Chief Executive Officer Masayoshi Son unveils a dozen new mobile phones to be launched from the fall of 2012 through the spring of 2013, including six smartphones that can access the mobile carrier's high-speed data communication network, during an event in Tokyo on Oct. 9, 2012.
          Softbank unveils new smartphones

          Softbank unveils new smartphones

          TOKYO, Japan - Softbank Mobile Corp. Chairman and Chief Executive Officer Masayoshi Son unveils a dozen new mobile phones to be launched from the fall of 2012 through the spring of 2013, including six smartphones that can access the mobile carrier's high-speed data communication network, during an event in Tokyo on Oct. 9, 2012.
            Softbank to acquire mobile service operator eAccess

            Softbank to acquire mobile service operator eAccess

            TOKYO, Japan - Softbank Corp. Chairman and Chief Executive Officer Masayoshi Son (L) and Sachio Semmoto, chairman of eAccess Ltd., shake hands during a press conference at a Tokyo hotel on Oct. 1, 2012. Softbank will acquire smaller mobile service operator eAccess, the two companies announced the same day, as Softbank seeks to offer better data communication service for iPhone smartphones.
              Softbank celebrates start of solar power plants

              Softbank celebrates start of solar power plants

              NIIGATA, Japan - Softbank Corp. Chairman and Chief Executive Officer Masayoshi Son (3rd from R), Kyoto Mayor Daisaku Kadokawa (4th from R) and others gather at a ceremony in the city of Kyoto on July 1, 2012, to commemorate the start of operation at a solar power plant in the city operated by SB Energy Corp., a Softbank Corp. subsidiary. A ceremony was also held the same day in Gunma Prefecture for the start of operation at another solar power plant operated by SB Energy.
                Softbank, PayPal to form digital payments service JV in Japan

                Softbank, PayPal to form digital payments service JV in Japan

                TOKYO, Japan - (from L) Softbank Corp. Chairman Masayoshi Son, eBay Inc. President John Donahoe and PayPal Inc. President David Marcus hold a press conference in Tokyo on May 9, 2012. Softbank, a Japanese Internet company, will form a joint venture with U.S. payments service provider PayPal, an eBay subsidiary, to launch a digital payments service in Japan.
                  Softbank's Son

                  Softbank's Son

                  TOKYO, Japan - File photo taken Nov. 21, 2011, in Tokyo shows Masayoshi Son, chairman and chief executive officer of Softbank Corp. Son was chosen as the best company president of 2011 for the second consecutive year in an Internet survey of corporate executives in Japan, the Sanno Institute of Management said Dec. 15, 2011.
                    iPhone 4S launched in Japan

                    iPhone 4S launched in Japan

                    TOKYO, Japan - Masayoshi Son, chief executive officer of Softbank Mobile Corp., attends a ceremony marking the launch of the iPhone 4S at one of the company's outlets in Tokyo's Shibuya Ward on Oct. 14, 2011. Softbank and KDDI Corp. launched the new version of Apple Inc.'s popular smartphone in Japan the same day, starting a fierce competition by the two rival mobile phone operators to chase market leader NTT Docomo Inc.
                      Japanese carriers unveil iPhone 4S prices

                      Japanese carriers unveil iPhone 4S prices

                      TOKYO, Japan - Softbank Mobile Corp. Chairman and Chief Executive Officer Masayoshi Son announces the retail prices and subscription plans for Apple Inc.'s new handset iPhone 4S during a press conference in Tokyo on Oct. 7, 2011. KDDI Corp. also announced prices and fees for iPhone 4S the same day.