SoftBank To Buy T-Mobile [REPORT]

SoftBank Corp (OTCMKTS:SFTBF) (TYO:9984) is preparing to acquire U.S. wireless carrier T-Mobile and is discussing funding for a deal with financial institutions. According to the Nikkei news agency, the Japanese telecom giant is moving to acquire fourth-ranked American wireless carrier T-Mobile US Inc (NYSE:TMUS), and the purchase would boost the SoftBank group’s revenue from mobile operations to 7 trillion yen a year, making it the world’s No.2 carrier, behind China Mobile Ltd. (NYSE:CHL) (HKG:0941). Sprint Corp. may take majority stake in T-Mobile Earlier this year, the Federal Communications Commission has voted in favor of SoftBank Corp (OTCMKTS:SFTBF) (TYO:9984)’s acquisition of Sprint…