News

Softbank to make T-Mobile USA play if Sprint deal fails

Softbank is reportedly considering making a bid for T-Mobile USA, should its deal with Sprint collapse.

Japanese communications provider Softbank began discussions for a 70% stake in Sprint in October last year, but it is now in a bidding war with Dish Networks, after the satellite TV provider put forward a rival offer for the US operator.

The Financial Times reports that Softbank is in preliminary talks with Deutsche Telekom, which owns a 74% stake in T-Mobile USA, over a potential acquisition.

Softbank has previously held discussions with Deutsche Telekom over a potential acquisition of its stake in T-Mobile USA, but this fell through when it merged with MetroPCS.

Sprint shareholders are reportedly set to decide on the winning offer on Wednesday this week.

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree