Softbank aspires 'to be global player'

Help

Japanese mobile phone company Softbank is to buy 70% of US carrier Sprint Nextel for $20.1bn (£12.5bn).

The deal will be the biggest overseas acquisition by a Japanese firm.

The takeover of the number three mobile carrier in the US will make Softbank one of the world's three biggest mobile phone operators, with 96 million users.

Softbank's chairman and chief executive Masayoshi Son told BBC News that he wants the company to be "number one in the world".

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.