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Japanese mobile operator Softbank Corp is near a $20 billion deal to acquire control of U.S. carrier Sprint Nextel Corp, sources familiar with the matter said, as the firm led by billionaire Masayoshi Son seeks a foothold in the U.S. market.
Sprint Nextel said Thursday that it is considering selling a majority stake to Japan’s SoftBank, the latest deal among industry underdogs who are scrambling to catch up to the leads of giants Verizon Wireless and AT&T.
Comcast Corp. announced Thursday it plans to buy a majority stake in NBC Universal for $13.75 billion, giving the nation's largest cable TV operator control of the Peacock network, an array of cable channels and a major movie studio....