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JAN 18, 2014 - GottaBeMobile

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Sprint Could Go Into $50 Billion of Debt to Gain T-Mobile US

Sprint Could Go Into $50 Billion of Debt to Gain T-Mobile US is a post by Chuong Nguyen from Gotta Be Mobile.Sprint, now a majority-owned subsidiary of Japanese carrier Softbank, may have just secured $50 billion of financing to potentially acquire rival T-Mobile U.S., which is owned by German’s Deutsche Telekom. According to a report on the¬†Wall Street Journal, Sprint was approached by two banks on financing, so this deal could become reality if all goes well and regulators in the U.S. give Sprint and Softbank the green light to acquire the nation’s fourth largest carrier. ... Read More

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