Saturday 28 April 2018

T-Mobile and Sprint may announce a merger after all

T-Mobile and Sprint have started and stopped merger talks so often that it's easy to become jaded about the whole thing, but it now looks like they're close to a deal -- no, for real this time. Sources talking to CNBC, Reuters and the Wall Street Journal have all insisted that the two carriers are close to finalizing a merger agreement that could be announced as soon as April 29th. The pact would reportedly value Sprint at $26 billion and would give T-Mobile's parent Deutsche Telekom a roughly 40 percent stake in the combined carrier.

Source: CNBC, Reuters, WSJ


T-Mobile and Sprint may announce a merger after all posted first on https://www.engadget.com

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