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SoftBank exec Dont expect higher Sprint offer soon

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SoftBank is sticking to its $20.1 billion bid for Sprint for now. SoftBank Corp. wont goose its $20.1 billion offer for Sprint Nextel Corp. anytime soon, despite Dish Network Corp.s competing $25.5 billion bid, a SoftBank executive told Bloomberg news. The executive, who was not identified, told Bloomberg that Japans third-largest wireless carrier will focus on its existing plans, though he said ...

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