Softbank Agrees to Buy 70% Sprint Stake in $20.1 Billion Deal : News Photo

Softbank Agrees to Buy 70% Sprint Stake in $20.1 Billion Deal

An Apple Inc. iPhone 5 is displayed at a counter for Softbank Corp. outside an electronics store in Tokyo, Japan, on Monday, Oct. 15, 2012. Softbank agreed to pay $20.1 billion to acquire about a 70 percent stake in Sprint Nextel Corp. as Japan’s third-biggest mobile-phone operator seeks growth overseas amid a declining local market. Photographer: Kiyoshi Ota/Bloomberg via Getty Images
Caption:
An Apple Inc. iPhone 5 is displayed at a counter for Softbank Corp. outside an electronics store in Tokyo, Japan, on Monday, Oct. 15, 2012. Softbank agreed to pay $20.1 billion to acquire about a 70 percent stake in Sprint Nextel Corp. as Japan’s third-biggest mobile-phone operator seeks growth overseas amid a declining local market. Photographer: Kiyoshi Ota/Bloomberg via Getty Images
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Date created:
October 15, 2012
Editorial #:
154143708
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Photographer:
Bloomberg / Contributor
Collection:
Bloomberg
Credit:
Bloomberg via Getty Images
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3,000 x 2,000 px (41.67 x 27.78 in) - 72 dpi - 622 KB
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Source:
Bloomberg
Object name:
SOFTBANK SPRINT

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An Apple Inc iPhone 5 is displayed at a counter for Softbank Corp... News Photo 154143708Apple Computers,Asia,Asian,Communication,Counter,East Asia,Electronics Industry,Finance,Horizontal,Japan,Japanese,Portable Information Device,Smart Phone,Softbank,Store,Technology,Telecommunications Equipment,Telephone,Tokyo Prefecture,iPhone,iPhone 5Photographer Collection: Bloomberg 2012 BloombergAn Apple Inc. iPhone 5 is displayed at a counter for Softbank Corp. outside an electronics store in Tokyo, Japan, on Monday, Oct. 15, 2012. Softbank agreed to pay $20.1 billion to acquire about a 70 percent stake in Sprint Nextel Corp. as Japan’s third-biggest mobile-phone operator seeks growth overseas amid a declining local market. Photographer: Kiyoshi Ota/Bloomberg via Getty Images