Softbank-Sprint-Clearwire Merger Approved

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softbank-sprint

Earlier this month Federal Communications Commission approved the merger between Japanese telecommunications corporation, Softbank and Sprint. Softbank’s acquisition of Sprint was completed late last week, on July 10th, just a day after Sprint successfully acquired broadband company, Clearwire. This merger is expected to give Sprint the backing for more aggressive growth to compete with much larger rivals AT&T and Verizon.

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