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Where does Softbank-Sprint rank?

October 15, 2012: 11:35 AM ET

Softbank's deal to buy Spring is big. But just how big?

FORTUNE -- Japan's Softbank Corp. today confirmed that it will buy a 70% stake in Sprint Nextel Corp. (S), America's third-largest mobile carrier, for approximately $20.1 billion.

It's the second larger merger announcement of 2012, following mining company Xstrata PLC's proposed $33 billion tie-up with commodities group Glencore. And it is by far the year's largest tech merger, leaving deals like Facebook's (FB) sub-$1 billion purchase of Instagram in the dust.

Overall, Softbank-Sprint ranks as the 128th-largest global M&A deal of all time, according to Thomson Reuters.

In terms of telecom transactions, Softbank-Sprint ranks #27, and is the largest such deal since Mexico's Carso Global Telecom bought America Movil for over $27 billion in 2010. Below is a list of the all-time top telecom M&A deals, courtesy of Thomson Reuters:

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About This Author
Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

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