A dramatic turn of events in the ongoing story of U.S. carrier consolidation: Dish Network is
launching a $25.5 billion bid for number-three carrier Sprint, amounting to $17.3 billion in cash and $8.2 billion in stock. If successful, the deal would effectively snatch Sprint out of the hands of Japanese carrier
Softbank, which
in October announced that it would pay $20.5 billion for a 70% stake in Sprint.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/62wUsnvYREU/
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