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EarthLink Holdings Corp. Message Board

  • accugrowth accugrowth Sep 9, 2013 2:25 PM Flag

    Softbank/Sprint Interested in Buying ELNK

    The 4% rally today is related to Softbank (the Japanese company that bought Sprint/Clearwire). Softbank is building Data Centers in Japan to work with their LTE-Advanced network.

    They are going to want something similar in the USA with their Sprint/Clearwire LTE-Advanced network that is still being built. ELNK already has an agreement with Sprint/Clearwire to carry their upgraded device on their upgraded network.

    The specific news item today is that Softbank will soon have new money related to the sale of its stake in a Chinese internet company. With new money, they get to compliment their cellular network services with IT services for business which will lead to more users on its network which uses their upgraded LTE-Advanced resources which brings in money for everyone.


3.83-0.05(-1.29%)Sep 17 4:00 PMEDT

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