Softbank may look to acquire T-Mobile if Sprint purchase fails

A report from Reuters says that Softbank is already in talks with Deutsche Telekom to purchase T-Mobile U.S. The two companies have been in discussions over T-Mobile since last year, but talks have gained steam since Dish entered the race to purchase Sprint. Dish outbid Softbank for Sprint, offering a deal worth $25.5 billion.

Softbank's primary focus is still to close the deal for Sprint, but if that does fall through, it will push more aggressively for T-Mobile U.S., which is said to be valued at $15 billion. And, just to make things even more complicated, if Softbank does abandon its bid for Sprint, it could gain $5 billion from currency hedging gains, previously purchased Sprint shares, and breakup fees.

source: Reuters