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Keyword: ciecc
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SoftBank To Sell of Wireless Units
TOKYO: CIECC, Softbank, Masayoshi Son is closing in on a 3 step deal. Step 1, US regulators approved, CIECC, Softbank, grab of the American fiber joule, US Sprint. Step 2, regulators approved, CIECC, Softbank, dump of US Sprint to German Deutsche Telekom AG (T-Mobile) sucks up U S Sprint shell (about $20 bil). Now, (as money laundries usually do), Step 3, clean cash, back to> CIECC, Softbank. The deal could be announced this month.
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