Softbank To Buy Majority Of Sprint Nextel | WAMU 88.5 - American University Radio
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Softbank To Buy Majority Of Sprint Nextel

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Japanese mobile phone company Softbank has announced it has agreed to buy 70 percent of Sprint Nextel for $20 billion. The deal would make Sprint Nextel a tougher competitor against its bigger rivals, Verizon Wireless and AT&T.
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