Japanese telecom giant Softbank is entering the final stage of talks with Germany's Deutsche Telekom to buy its US subsidiary T-Mobile, Kyodo News Agency reported on Wednesday, citing anonymous sources. Softbank, one of Japan's largest mobile phone carriers, is aiming to acquire a majority stake in the US No. 4 carrier for two trillion yen (19 billion US dollars), according to Kyodo. The deal will be carried out through US mobile operator Sprint Nextel Corp., which was bought by Softbank in July. A tie-up between Sprint and T-Mobile will build up a subscriber base of nearly 100 million, lagging slightly behind the top two of Verizon Wireless and AT&T in the US market. The deal, if reached, still awaits approval of US. anti-trust regulators.
GMT 05:55 2018 Tuesday ,23 January
US tax reforms send UBS profits plungingGMT 13:12 2018 Sunday ,21 January
CBB signs memorandum of understanding with DFSAGMT 04:49 2018 Saturday ,20 January
HSBC in $100 million forex fraud settlementGMT 14:14 2018 Wednesday ,17 January
Strong euro 'source of uncertainty' for ECBGMT 17:00 2018 Tuesday ,16 January
IMF 'concerned' by Kiev's plan for anti-corruption courtGMT 19:29 2018 Monday ,15 January
Central Bank issues commemorative coin for Dh189GMT 06:05 2018 Sunday ,14 January
Bitcoin shouldn't become the new Swiss bank accountGMT 21:23 2018 Wednesday ,10 January
BCCI elections committee holds second meetingMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor