News Broadcast

Good evening, I’m Patrick Powell reporting to you the daily news cap from WOSU.

In international and national news, the Japanese mobile operator company Softbank, purchases a majority stock in Sprint.

While Sprint was once losing one million customers a quarter and currently has a net debt of fifteen billion dollars, Sprint, now a consolidated subsidiary of Softbank, is being geared for a turnaround.

Also, Softbank’s purchase brings with it potential for economic growth in Japan, as the Japanese market is experiencing economic stagnation.

The acquisition of a seventy percent share of Sprint will make Softbank the third largest mobile operator in the world.

In entertainment news, the movie Taken 2 has taken the number one spot for the second week in a row.

Grossing nearly twenty one point nine million dollars, it beat out its competitor, the Ben Affleck directed Argo, by 2 million dollars.

Thanks for tuning in, this is WOSU NPR News.

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