SK Telecom not aiming to acquire Sprint
July 18th, 2008 Leave a comment Visited 40 times, 1 so far today
SK Telecom not aiming to acquire Sprint
SK Telecom has clarified that they have no plans to acquire any US based mobile service provider.
The company is instead interested in discussing a strategic partnership to develop new handsets and services.
Market sources had claimed that SK Telecom was in talks to acquire Sprint.
SK Telecom said in a statement clarifying their stand: “We are studying various business opportunities in the United States but are not seeking to take control in (any) major U.S. mobile operator.”
SK Telecom had a stake in the smaller player Helio in US. The company was later acquired by Virgin Mobile.
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