Sprint: talks appear to have resumed with T-Mobile US
(CercleFinance.com) - T-Mobile US, Deutsche Telekom's 64%-owned subsidiary and Sprint Corp.
, a subsidiary of the Japanese group Softbank, are reported to have resumed discussions with a view to a merger, according to Bloomberg and the WSJ.
Neither group made any comments on these new negotiations.
Sprint and T-Mobile US announced at the start of November last year the end of discussions for a merger, with the parent companies having failed to reach an agreement.
Neither Sprint nor Deutsche Telekom seemed eager to give up control of the new entity, Aurel BGC said, noting that the gap will therefore remain between the two sector leaders, AT&T and Verizon, and their competitors.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
, a subsidiary of the Japanese group Softbank, are reported to have resumed discussions with a view to a merger, according to Bloomberg and the WSJ.
Neither group made any comments on these new negotiations.
Sprint and T-Mobile US announced at the start of November last year the end of discussions for a merger, with the parent companies having failed to reach an agreement.
Neither Sprint nor Deutsche Telekom seemed eager to give up control of the new entity, Aurel BGC said, noting that the gap will therefore remain between the two sector leaders, AT&T and Verizon, and their competitors.
Copyright (c) 2018 CercleFinance.com. All rights reserved.