Sprint has confirmed it is in talks with Japanese telecommunications company Softbank for a "potential substantial investment" that could change control of the company, report Reuters' Taro Fuse and Sinead Carew.
Most of the $20.1 billion the Softbank paid to buy a 70 percent stake in Sprint will go to shareholders, but a least a little bit of it will get invested in the company's 4G LTE network.
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