John Malone, Warren Buffett, Sprint's Son are reportedly talking deals

Colorado media billionaire John Malone — along with Warren Buffett and Masayoshi Son, chairman of SoftBank, which owns Sprint — are reportedly exploring working together in wireless, including the idea of Buffett's Berkshire Hathaway investing $10 billion or more in the effort.

Son met separately with the other two billionaires at the annual Allen & Co. Media and Technology Conference, a high-profile CEO gathering in Sun Valley, Idaho, this week, The Wall Street Journal said, citing unnamed sources.

It’s no surprise that Son would talk with Malone, a media mogul who is chairman of Douglas County-based Liberty Broadband Corp. (Nasdaq: LBRDA).

The Malone company is the biggest shareholder in No. 2 U.S. cable company Charter Communications Inc. (Nasdq: CHTR), which in May teamed with Philadelphia-based Comcast Corp. to hold exclusive two-month talks with Overland Park, Kansas-based Sprint Corp. (NYSE: S) about partnerships, joint ventures or mergers that could help the cable companies offer wireless services.

Find out more about the proposed cooperation at the Denver Business Journal.

Copyright 2017 Denver Business Journal


JOIN THE CONVERSATION

To find out more about Facebook commenting please read the
Conversation Guidelines and FAQs

Leave a Comment