Softbank Said Near Deal to Buy 70% of Sprint for $20 Billion

Softbank Said Near Deal to Buy 70% of Sprint for $20 Billion

Kiyoshi Ota/Bloomberg

The first customer to purchase an Apple Inc. iPhone 5 at the SoftBank Corp flagship store, center, speaks with actress Aya Ueto, right, while Masayoshi Son, chairman and chief executive officer of SoftBank, looks on during the launch event at the SoftBank's flagship store in Tokyo on Friday, Sept. 21, 2012.