Sprint to become New Sprint in wake of SoftBank transaction

Sprint to become New Sprint in wake of SoftBank transaction

Sprint has issued a formal press announcement pertaining to the details of the Softbank deal that was just finalized over the last few days.  Details are still coming in and the carrier is in the midst of spelling things out however the general stuff is already known.  

Once the transaction is completed, the company will be known as New Sprint and will operate out Overland Park, Kansas. New Sprint will have a board of directors that includes at least three members of Sprint’s current board of directors, including current CEO Dan Hesse.  What’s more, Mr. Hesse will retain the CEO spot of the newly formed company.

Reading through the details of the Sprint announcement, one clearly sees the wireless provider is ready to learn from SoftBank and its successful LTE deployment. The two companies expect the merger transaction to be finalized at some point in the middle of 2013.


About author

Scott Webster
Scott Webster 6577 posts

Scott has been running AndroidGuys since 2007 and loves nothing more than reading up on the latest smartphone rumors. His other mobile efforts can be found on Android Update (CNET) where he covers Google's mobile platform.

You might also like

News and Rumors

Nexus 8 “flounder” to appear at Google I/O

Although the leak that claimed to be the Nexus 8 was actually eventually revealed to be an early image of the Nexus 10, evidence suggests that the Nexus 8 is a

News and Rumors

Teddy Tumble Proves Laundry Can be Fun, and Very Dizzying

It’s pretty much a fact that people hate doing laundry.  It’s also an unwritten rule that teddy bears are to be viewed only as cute and cuddly.  But what happens

News and Rumors

LG E720 Running 2.2 has been spotted in Poland

Our friend in Poland at Android.com.pl have brought to light the first pictures of the new LG E720.  Unfortunately, all we really know so far is that it is stylish,

1 Comment

Leave a Reply