Sprint, SoftBank in deal with US panel on security: source

The deal includes the creation of a four-person oversight panel and promises related to the eventual removal of certain Chinese equipment from US networks.

May 29, 2013 / 15:59 IST

SoftBank Corp and Sprint have reached a deal with US authorities on the national security aspects of their pending deal, a source familiar with the situation said on Tuesday.

Also read: Chinese premier criticises EU move on trade measures

The source, speaking on condition of anonymity, said the deal includes the creation of a four-person oversight panel and promises related to the eventual removal of certain Chinese equipment from US networks.

first published: May 29, 2013 09:30 am

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