Softbank to sell eAccess stakes to Samsung, others | Bangkok Post: news

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Softbank to sell eAccess stakes to Samsung, others

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Japanese telecommunications firm Softbank has decided to sell a two-thirds stake in eAccess, a smaller mobile service provider, to Samsung Electronics and 10 other companies, according to reports. 

This file photo shows a shop of Japan's mobile communication giant Softbank, in Tokyo, pictured on October 16, 2012. Softbank has decided to sell a two-thirds stake in eAccess, a smaller mobile service provider, to Samsung Electronics and 10 other companies, according to the latest reports.

Softbank, which last year signed a $20 billion takeover of US firm Sprint Nextel, is in talks with 11 possible buyers, including Ericsson and Nokia Siemens Networks as well as Japanese firms, the Nikkei newspaper said on Saturday.

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