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Report: Deutsche Telekom agrees to sell T-Mobile USA to SoftBank |
May 29, 2014
Deutsche Telekom has agreed to an offer for Japanese mobile and broadband company SoftBank to buy T-Mobile USA, according to a news report.Japanese news site Kyodo News, which reported the agreement, didn’t give details of the price or structure of the deal.The deal would combine SoftBank-owned Sprint, the third largest U.S. mobile carrier, with T-Mobile, the fourth largest. The combined company would have more than 103 million subscribers, but it would still be No. 3 behind Verizon Wireless, with about 122 million subscribers, and AT&T, with 116 million.To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/2296340/report-deutsche-telekom-agrees-to-sell-tmobile-usa-to-softbank.html#tk.rss_all
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