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According to a report in Reuters, Japanese mobile carrier Softbank is in advanced talks to acquire US carrier Sprint Nextel. News of this acquisition was first leaked by public broadcaster NHK. According to the report, the deal would be worth $12.8 billion and is the first international acquisition for Softbank, which is the #3 carrier in Japan. Softbank would be looking to acquire Sprint as a way to cheaply procure smartphones and other mobile devices, says the Reuters report.
[Via Reuters]
About The Author
Kelly Hodgkins
Kelly spent the last four years covering mobile technology at places like BGR, Gizmodo and The Unofficial Apple Weblog. Before writing, she spent a few years working with and teaching others how to use Adobe Flash and Macromedia Director. Even earlier than that, she spent several years as a Ph.D student in Microbiology. When she's not writing, she can be found fishing the lakes and hiking the mountains of Western Maine with her husband and tribe of children. You can follow her on Twitter @kellyhodgkins.
