SoftBank reportedly in final talks to buy T-Mobile

SoftBank reportedly in final talks to buy T-Mobile

Japanese telecom SoftBank, which owns 80 percent of Sprint, is reportedly  nearing a deal to buy T-Mobile. The Nikkei news service is reporting that SoftBank wants to buy a majority of T-Mobile using Sprint shares in a deal valued at more than $19 billion. A merger between the third and fourth-largest American carriers would create stronger competition for the two largest, Verizon and AT&T.

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SoftBank reportedly in final talks to buy T-Mobile

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