Light Reading

Softbank: Sprint's Asian Savior?

Dan Jones
LR Mobile News Analysis
Dan Jones, Mobile Editor
10/11/2012
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Has Sprint Corp. (NYSE: S) finally found its Asian savior in SoftBank Corp. ?

The Overland Park, Kan.-based operator confirmed Thursday morning that it is "engaged in discussions with Softbank regarding a potential substantial investment by Softbank in Sprint." The CDMA provider isn't adding too many details about the talks but does say that "such a transaction could involve a change of control of Sprint."

The Japanese operator could reportedly buy Sprint for US$12.8 billion. The extra cash would give Sprint more money for its "Network Vision" 4G rollout, and the deal could create easier roaming for Softbank in the U.S.

This is not the first time that Sprint has been linked to a major Asian carrier as a possible suitor. In 2008 and 2011, rumors swirled that South Korean CDMA giant SK Telecom (Nasdaq: SKM) would try to buy Sprint.

China Mobile Ltd. (NYSE: CHL) also has ties to erstwhile Sprint 4G partner Clearwire LLC (Nasdaq: CLWR). China Mobile has a Long Term Evolution Time Division Duplex (LTE TDD) device development and roaming deal with Clearwire. (See Long Term Evolution Time Division Duplex (LTE TDD).)

It is not clear if a Softbank-Sprint deal would involve Clearwire. Sprint is the largest single shareholder in Clearwire.

For more



— Dan Jones, Site Editor, Light Reading Mobile

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digits,
User Rank: Light Beer
12/5/2012 | 5:19:17 PM
re: Softbank: Sprint's Asian Savior?


To follow up Patrick's post -- the case for NEC taking a look at NSN can be found here


 


Who's Going to Buy NSN?


http://www.lightreading.com/document.asp?doc_id=223491


 


and here


Matchmaking NSN


http://www.lightreading.com/blog.asp?doc_id=223517

pdonegan67
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pdonegan67,
User Rank: Light Sabre
12/5/2012 | 5:19:17 PM
re: Softbank: Sprint's Asian Savior?


As the Japanese economy continues to stagnate and the Japanese population shrinks, corporate Japan knows that it has to look outward and re-invent the way it does business in international markets and with international partners.


I'm not surprised Softbank has got this far in talks with Sprint. How far is NEC along in its discussions with NSN?

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