Softbank: In talks with Sprint on investment, nothing decided
TOKYO, Oct 12 (Reuters) - Japan's Softbank Corp said on Friday it is in talks with Sprint Nextel Corp about investing in the U.S. telecoms firm, but nothing has been decided.
The Japanese wireless service provider is looking to buy a roughly 70 percent stake in Sprint, according to sources familiar with the matter.
(Reporting by James Topham; Editing by Edmund Klamann)
((james.topham@thomsonreuters.com)(+813 6441 1858)(Reuters Messaging: james.topham.thomsonreuters.com@reuters.net))
Keywords: SPRINT SOFTBANK/TALKS
TOKYO, Oct 12- Japan's Softbank Corp said on Friday it is in talks with Sprint Nextel Corp about investing in the U.S. telecoms firm, but nothing has been decided.