SoftBank buying 70% stake in Sprint

Posted by & filed under IT Strategy, IT Trends, Mobile Computing, Wireless.

Discussion:  Sprint Nextel has agreed to sell a majority of the company to Japenese tech giant, SoftBank.  The deal may allow Sprint to compete more successfully with competitors like AT&T and Verizon, and avoid bankruptcy.  Sprint is undergoing an expensive, and late, transition to 4G-LTE, and has been losing contracted customers since it announced that… Read more »