Saturday, October 13, 2012

Many Telcos are Delveraging, Softbank Will Have to Load Up on Debt to Buy Sprint

Most leading telcos in Western Europe now are attempting to delverage and clean up balance sheets. But Softbank, which had debt load issues of its own, and cleaned them up, now faces the possibility of taking on a bigger debt load again to buy Sprint and control Clearwire.

It's a risk Softbank appears to be willing to take in pursuit of growth Softbank cannot find in its home market.

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Directv-Dish Merger Fails

Directv’’s termination of its deal to merge with EchoStar, apparently because EchoStar bondholders did not approve, means EchoStar continue...