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

10 June 2013 |


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.