Monday 30 October 2017

Sprint owner SoftBank may be calling off T-Mobile merger

One of the biggest on-again, off-again relationships in tech is reportedly off again. After the most recent rumors indicated a possible late October merger, Nikkei Asian Review is reporting that Sprint's parent company, Japan's SoftBank group, intends to call off the union. According to Nikkei, SoftBank and T-Mobile's owner Deutsche Telekom had reached a broad agreement to integrate the two major US carriers, but couldn't work out an ownership ratio that satisfied both companies.

Via: Reuters

Source: Nikkei Asian Review


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