Sprint, T-Mobile resume merger talks - report

News Wireless United States 7 AUG 2017
Sprint, T-Mobile resume merger talks - report
Sprint has resumed preliminary talks about a potential merger with T-Mobile US, people with knowledge of the matter told Bloomberg. The two mobile operators restarted discussions after Sprint’s exclusive negotiating period with Comcast and Charter Communications expired at the end of July, the report said. Sprint's parent company Softbank is still considering a takeover bid for Charter, in order to merge the cable company with Sprint. Sprint CEO Marcelo Claure said last week a decision on possible mergers is close at hand.

Categories:

Mobile

Companies:

Sprint,  Charter Communications,  Comcast,  Softbank,  T-Mobile US

Countries:

United States

Tags:

M&A buyouts & divestments

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