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Softbank in talks to buy majority of Sprint for more than $12.8 bln -source

TOKYO, Oct 11 (Reuters) - Japan's Softbank Corp is in talks to acquire a majority stake in Sprint Nextel , the No. 3 wireless carrier in the United States, for more than 1 trillion yen ($12.8 billion), a source familiar with the matter told Reuters on Thursday.

($1 = 78.3200 Japanese yen)

(Reporting by Taro Fuse; Editing by Edmund Klamann)

((Mari.Saito@thomsonreuters.com)(81-3-6441-1934)(Reuters

Messaging: mari.saito.thomsonreuters.com@reuters.net))

Keywords: SPRINT SOFTBANK/TALKS

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9984.T
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