Yesterday we reported that word on the street was that Japanese carrier, Softbank, was looking to purchase a majority stake in Sprint which was worth about $12.8 billion. Now it seems that there are reports which has suggested that Softbank is not only eyeing Sprint, but possibly MetroPCS as well. It seems like everyone wants a piece of MetroPCS lately, what with Deutsche Telekom having made an offer for T-Mobile USA to acquire MetroPCS, and with the rumors that Sprint could be interested in MetroPCS as well.
While the Sprint/MetroPCS deal has yet to be official, Softbank has confirmed that they are in talks with Sprint although the deal has yet to be finalized. When asked about the reports of their interest in MetroPCS, Softbank’s spokesperson said that they had no comment on the matter. In any case it looks like Softbank could be on a buying spree as they announced earlier this month that they would be buying their domestic rival, eAccess for a whopping $2 billion. Either way it will be exciting to see what sort of changes Softbank can introduce to Sprint or MetroPCS should the deal go through.
- 2014-04-23 LG Optimus L90 & L70 Launches On T-Mobile And MetroPCS
- 2014-02-25 MetroPCS' Network To Be Decommissioned By End Of 2014
- 2013-11-22 Samsung Galaxy Mega 6.3 Heading For MetroPCS 25th November
- 2013-09-12 Huawei Vitria Spotted For MetroPCS By @evleaks
- 2013-08-13 Samsung Freeform M Headed For MetroPCS
- 2013-07-19 Softbank Reportedly Wanted To Acquire Universal Music Group For $8.5 Billion
- 2013-06-25 Sprint Shareholders Approve Of SoftBank Merger
- 2013-06-10 Softbank Increases Offer To $21.6B For Sprint Merger
- 2013-05-30 Sprint-Softbank Deal Approved By CFIUS
- 2013-04-30 Intel CEO Supports Softbank's Bid To Acquire Sprint