SoftBank made a bold move in its ongoing battle with Dish to acquire Sprint. The Japanese wireless carrier gave Sprint a special waiver on Monday to let it go into more broad talks with Dish.
While this seems counterintuitive, SoftBank said that it believes further talks between Dish and Sprint will only show the U.S. wireless carrier that SoftBank is the superior candidate for the acquisition.
The two companies have carried out a public war of words, each claiming it would be the best buyer for the troubled wireless carrier. As of last week, Dish said it plans to sell about $2.5 billion in debt to help fund its proposed takeover of Sprint.
If SoftBank ends up being Sprint's chosen one, the company plans on closing the deal July 1.