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Wireless

Softbank CEO sees Sprint deal closing in early July

Friday 21 June 2013 | 10:35 CET | News
Softbank CEO Masayoshi Son said he was confident his company's acquisition of Sprint Nextel will be completed in early July after rival bidder Dish Network failed to make a counter move this week. Speaking at the Japanese carrier's AGM, Son said Dish's failure to raise its offer for Sprint before a deadline of 18 June brought the Japanese company closer to sealing the USD 21.6 billion deal, but warned that its US rival could make a surprise move before a Sprint shareholders' meeting on 25 June. "We don't know what could happen before the meeting but we took a big step forward after Dish

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Categories: Mobile & Wireless
Companies: Dish Network / Softbank / Sprint Nextel / T-Mobile USA
Countries: United States
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