Softbank is trying to trying to make an entrance into the US cellular market, but it isn't going as great as they thought as it would be. Softbank is trying to acquire Sprint. First, DISH tries to knock Softbank out of the ring to buy Sprint. In case they do get knocked out, DISH seems to be eyeing T-Mobile as a backup. According to Reuters, the Japanese are in talks with Deutsche Telekom to buy its shares of the carrier.
If Sprint shareholders reject the Softbank deal on June 12th, Big Magenta may be moving to Japan.
