> Warren Buffett Blog: Berkshire and Sprint wireless deal rumours

Monday, July 24, 2017

Berkshire and Sprint wireless deal rumours


Last week, at the gathering of CEOs held in Sun Valley, Idaho, Sprint Chairman Masayoshi Son met with Warren Buffett about a potential investment, according to reporting by CNBC. 

According to the report, while discussions are still in the preliminary stages, Berkshire Hathaway may be considering putting forward as much as $10 billion or more into a possible deal. CNBC cited a separate report suggesting that Buffett was considering an investment in Sprint of somewhere between $10 billion and $20 billion.