Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

SoftBank Could Sell Its T-Mobile Stake

TheMotleyFool

0 0

SoftBank (OTC: SFTBY), the Japanese technology company, is in discussions to sell some of its stake in T-Mobile (NASDAQ: TMUS) to Deutsche Telekom in an effort to shore up much-needed capital.

The Wall Street Journal, citing people familiar with the matter, reports that talks are ongoing. It's unclear what percentage of the stake in T-Mobile it will sell, although it's expected to be "significant."

IMAGE SOURCE: GETTY IMAGES.

Source Fool.com

Like: 0

TMUS

Share