SoftBank announces $20.1B proposal for the acquisition of Sprint

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It seems like every major US carrier, save for Verizon Wireless, has been involved in an attempt to fundamentally change the wireless landscape as we know it today. After the failed attempt to purchase T-Mobile by AT&T, it became clear that change was coming one way or another. Now, right on the heels of T-Mobile merging with MetroPCS, Japanese carrier SoftBank has announced a proposal to acquire Sprint for over $20 billion dollars.

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