12
Oct
sprint-store1

As we reported yesterday, there are decidedly loud rumblings that Japanese telecom giant Softbank is in talks to acquire a rather large hunk of Sprint. Today, more information regarding the potential deal has been leaked to Reuters by a person close to the matter, and the numbers are staggering.

Softbank is looking to buy 70% of Sprint, and they're asking for $23 billion in financing from Japanese banks to do it.