Gadgetory

hello and welcome to inside scoop I'm Sumi das and joining me is kent german one of our Senior Managing Editors here at cnet Kent thanks for being with us sure no problem so big news announced today softbank a japanese company is acquiring sprint can you tell us a little bit about the deal sure will sprint a third largest carrier in the united states and Softbank is a big Japanese carrier also their third largest not a bank no not a bank actually a wireless care and they are going to be acquiring sprint for 20 point 1 billion dollars so the deal has not yet been approved so that's going to happen what sometime next year right yeah it could happen next year it could happen sooner but basically you know it needs to get approval by the US government when I can go through and so nothing's going to change for at least say eight months or something like that right now you know Sprint customers probably won't see changes probably even a long time off I mean this is not a merger it's not two companies joining together and having to mesh their phones and their plans and their corporate cultures this is just some one company buying another so soft pink is probably going to keep sprint intact as it is so we don't expect customers to see changes for a long time if they do it all what does this mean for sprint though because this is good news for spring correct it is sprints in a trying time right now you know is the first carrier to roll out of 4G network but that was under wimax which is a different technology than what's really popular now which is called LTE and spraining is to switch over to LTE mobility I would network takes a lot of money takes a lot of time it takes a lot of equipment and sprint really needs the cash and the equipment and just the help to be able to do that and they're getting a great deal of cash and big infusions deal well any of the softbank CEO he is complaining about us carry networks you know a lot of us do says the networks or too slow there's not enough you data speeds are too slow and he really wants to make it faster so this could be a good thing for Sprint customers because they may see a fast a better LTE network sooner faster and sooner than they thought but again several several years out or a couple years out yeah well you know Todd this kind of stuff takes a lot of time to build out so we wouldn't see it for several months brain is griz sprints network is growing very slowly rises up to 400 cities by now Sprint's way way behind but hopefully this will speed it up by a few months and by the time next year we see in a lot more cities especially the bigger cities like New York San Francisco la so basically the word for Sprint customers is that there is no reason to hurry though service is certainly not going to get any worse now we don't expect any changes for Sprint customers though probably things will probably bring it as they are for a long time okay ken thanks so much sure for inside scoop im sue me death thanks for watching