Home / Networking / Sprint and T-Mobile restore merger talks

Sprint and T-Mobile restore merger talks


Video: Sprint’s new LTE small cell boasts more and faster data

Sprint and T-Mobile are back to talks about a merger that would combine the nation’s third and fourth largest mobile carriers, according to The Wall Street Journal. The discussions are said to be preliminary.

ces-2017-tmobile-t-mobile-john-legere-9553.jpg

Could the Sprint-T-Mobile merger be back on? (James Martin/CNET)

The carriers’ latest talks come after walking away from preliminary discussions five months ago. Sprint-parent SoftBank bought more Sprint shares further exerting its control, instead of merging the companies. T-Mobile executives have openly stayed hopeful about a future merger.

Reports indicated that T-Mobile and Sprint hit turbulence during 2017 merger talks, but then T-Mobile sweetened the pot a bit with parent company Deutsche Telekom. However, a deal never materialized — mainly because of control.

Read also: SoftBank to increase stake in Sprint after T-Mobile merge talks end | What’s what with T-Mobile’s ‘free’ Netflix plan | T-Mobile: Digital transformation has to start with your employees first | Comparing unlimited plans from T-Mobile, Sprint, Verizon, and AT&T

There’s no details about preliminary discussion specifics. We have reached out to Sprint and T-Mobile, and will update you if we learn more.

Following the report, Sprint shares are up more than 6 percent. T-Mobile shares are up more than 5 percent.



Source link

About admin

Check Also

ZTE slapped with export restrictions by US Commerce Department

Chinese smartphone maker ZTE has been hit with US export restrictions related to charges that ...

Leave a Reply

Your email address will not be published. Required fields are marked *