The last time we heard news from Dish Network, they were in a bidding war with Sprint over majority share of Clearwire. It now seems as if Dish got tired of that idea and has since decided to try and buy Sprint instead. Sprint and SoftBank have been trying to close a deal that would put the Japanese carrier in control, but Dish has made a larger bid and hopes to raise the funds needed to complete the deal. 

Discussions between SoftBank and Sprint were confirmed last week to be about a substantial investment by the Japanese company in the Now Network. To start the week the companies have announced that the deal has been finalized and that SoftBank now owns a majority share (70%) in Sprint. SoftBank shelled out a cool $20.1 billion to invest in Sprint and move them forward here in the States.

Move over T-Mobile and MetroPCS, there are bigger moves being made today. This morning, news broke that Japanese carrier Softbank is looking to acquire a controlling stake of Sprint at the cost of a whopping $12.5 billion.

As for Softbank’s plans for Sprint and how they intend to incorporate one of America’s largest networks into their Japanese network is still unknown, but this morning Sprint confirmed that the deal is in “advanced talks.”