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More on Sprint/SoftBank: David Faber claims SoftBank's talks with Sprint (S +19%) also cover the...
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Thursday, October 11, 2012, 11:07 AM ETMore on Sprint/SoftBank: David Faber claims SoftBank's talks with Sprint (S +19%) also cover the acquisition of Clearwire (CLWR +38.8%). He adds a 3-way deal featuring T-Mobile was considered, but talks fell apart due to antitrust concerns, leading T-Mobile to go after MetroPCS (PCS -6.1%). Sources tell Faber a SoftBank/Sprint deal, though not yet finalized, could happen in a week or two. SoftBank reportedly thinks Sprint and Clearwire's spectrum will allow it to challenge the AT&T/Verizon "duopoly." (more)
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