Sprint to become New Sprint in wake of SoftBank transaction

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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.      

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CNBC: Japanese carrier SoftBank to acquire 70 percent stake in Sprint

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Japanese carrier SoftBank is expected to announce a $20 billion deal on Monday which will see them controlling a 70% stake in Sprint.  CNBC is reporting that the deal is all but wrapped up and comes hot on the heels of rumors that surfaced just last week.  Well, hardly rumors, when you consider ...

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