SoftBank's Share Buying Adds $6.7 Billion to Sprint's Value

Updated on
  • Japanese carrier takes stake to 82% in vote of confidence
  • Billionaire Son sees `light at the end of the tunnel'

SoftBank Group’s spree of buying Sprint Corp. stock has boosted the struggling U.S. wireless carrier by 50 percent over the past two weeks, adding $6.7 billion to its market value.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.