What Softbank’s Takeover of Sprint Means for You

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Japanese wireless provider Softbank made a huge bet on the U.S. market after it agreed to take control of Sprint Nextel for $20.1 billion.

After days of speculation and reports, the two companies confirmed the deal this morning. Softbank gets a large foothold in the U.S. market, which it believes still has the opportunity for growth. Sprint, meanwhile, gets a new lease on life and more support as it continues its turnaround.

But what does this mean for the average customer? Will the deal have any affect on Sprint’s day-to-day service? CNET has put together this FAQ to answer your questions.

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by Roger Cheng/CNET News