Home > Analyse
Actualite financiere : Actualite bourse

Sprint: talks fail with T-Mobile.

(CercleFinance.com) - T-Mobile US, Deutsche Telekom's 64%-held subsidiary, and Sprint Corp.
, a subsidiary of the Japanese group Softbank, announced at the weekend that they were ending their talks for a merger, as no agreement could be reached between their parent companies.

Neither Sprint nor Deutsche Telekom seemed to want to give up control of the new entity; analysts at Aurel BGC said, noting that the gap should remain between the two sector leaders, AT&T and Verizon, and their rivals.

However, it is particularly Sprint rather than T-Mobile US that will have to find a solution to continue its recovery, whose commercial momentum has now been well established over recent years, the broker continued.

Copyright (c) 2017 CercleFinance.com. All rights reserved.