The Weird Roadblock for Rebranding Sprint as SoftBank
Many states, including Kansas (the probable state of incorporation for "New Sprint"), restrict corporations from using the word "Bank" in their business titles if they aren't a bank.
Though I can't seem to find the exact language in the Kansas corporations statue, their official Business Center FAQ requires that a "bank" seeking to use the work "bank" (or any variation thereof) seek permission of Kansas Bank Commission.
Delaware, however, specifically allows for companies to use the word "bank" in their name "in a context clearly not purporting to refer to a banking business or otherwise likely to mislead the public about the nature of the business of the corporation or to lead to a pattern and practice of abuse that might cause harm to the interests of the public or the State as determined by the Division of Corporations in the Department of State." 8 Del. C. 1953, §102(a)(1)(iv)
If "New Sprint" incorporates in Delaware, they probably can get around this weird restriction but it seems more likely that Dan Hesse will convince his parent company to forgo the nuisance of complete rebranding and maybe just settle for swapping the yellow and black livery for grey and white. Which, wouldn't be such a bad thing in my opinion.