What does $20.1 billion get you? Well, if you're Japan's SoftBank Corp., it gets you 70% of the third-largest wireless carrier in the United States.
If regulators and shareholders approve the deal, Japanese company SoftBank will buy a 70% share in Overland Park-based Sprint Nextel.
Tokyo-based mobile phone company Softbank Corp. has reached a deal to acquire 70 percent of Sprint Nextel for $20 billion.
Overland Park-based Sprint Nextel has confirmed that Softbank Corp., which owns a large mobile carrier in Japan, is in talks to purchase a commanding stake in Sprint.