Scalper1 News
Alibaba Group’s massive IPO has enriched SoftBank and founder Masayoshi Son, yet SoftBank-controlled Sprint might go begging for funds for expansion. As Sprint (S) pares back a national network upgrade, Son aims to use SoftBank’s financial muscle to expand in India and possibly in media and content. So far, no word on any fresh Sprint infusion. When SoftBank acquired 80% of Sprint for $22 billion in 2013, it pumped $8 billion into Sprint’s balance Scalper1 News
Scalper1 News