& cplSiteName &

Softbank: Sprint's Asian Savior?

Dan Jones
LR Mobile News Analysis
Dan Jones, Mobile Editor
10/11/2012
50%
50%

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

(2)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
digits
50%
50%
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
50%
50%
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?

Featured Video
From The Founder
Light Reading founder Steve Saunders grills Cisco's Roland Acra on how he's bringing automation to life inside the data center.
Flash Poll
Upcoming Live Events
March 20-22, 2018, Denver Marriott Tech Center
March 22, 2018, Denver, Colorado | Denver Marriott Tech Center
March 28, 2018, Kansas City Convention Center
April 4, 2018, The Westin Dallas Downtown, Dallas
April 9, 2018, Las Vegas Convention Center
May 14-16, 2018, Austin Convention Center
September 25-27, 2018, Denver, Colorado
October 23, 2018, Georgia World Congress Centre, Atlanta, GA
November 8, 2018, The Montcalm by Marble Arch, London
November 15, 2018, The Westin Times Square, New York
December 4-6, 2018, Lisbon, Portugal
All Upcoming Live Events
Hot Topics
Trump Says Foxconn Will Make iPhones in US
Dan Jones, Mobile Editor, 1/15/2018
Net Neutrality Moves Are as Futile as Trump's Comb-Over
Iain Morris, News Editor, 1/18/2018
Huawei, ZTE Face US Federal Ban
Iain Morris, News Editor, 1/15/2018
Ericsson Lurches to $1.8B Write-Down
Iain Morris, News Editor, 1/16/2018
Analyst: Verizon's Fixed 5G Is a Loss Leader for Mobile
Dan Jones, Mobile Editor, 1/16/2018
Animals with Phones
Live Digital Audio

A CSP's digital transformation involves so much more than technology. Crucial – and often most challenging – is the cultural transformation that goes along with it. As Sigma's Chief Technology Officer, Catherine Michel has extensive experience with technology as she leads the company's entire product portfolio and strategy. But she's also no stranger to merging technology and culture, having taken a company — Tribold — from inception to acquisition (by Sigma in 2013), and she continues to advise service providers on how to drive their own transformations. This impressive female leader and vocal advocate for other women in the industry will join Women in Comms for a live radio show to discuss all things digital transformation, including the cultural transformation that goes along with it.

Like Us on Facebook
Twitter Feed