Sprint and SK Telecom: A Match Made in the Imagination?
A recent CNBC report said that SK Telecom (the South Korean carrier who had owned Helio) is again in talks to acquire Sprint Nextel. This rumor has been floating around for the past year or so.
Here’s how it went down, according to Barron’s: CNBC, which attributed its report to people familiar with the talks, said that the South Korean carrier would be joined by private equity firms in the deal. CNBC also said an actual deal is not imminent, and that “any agreement would be weeks away at best.
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