Home / Networking / Sprint and T-Mobile restore merger talks

Sprint and T-Mobile restore merger talks

Advertisements


Video: Sprint’s new LTE small cell boasts more and faster data

Sprint and T-Mobile are back to talks about a merger that would combine the nation’s third and fourth largest mobile carriers, according to The Wall Street Journal. The discussions are said to be preliminary.

Advertisements
ces-2017-tmobile-t-mobile-john-legere-9553.jpg

Could the Sprint-T-Mobile merger be back on? (James Martin/CNET)

The carriers’ latest talks come after walking away from preliminary discussions five months ago. Sprint-parent SoftBank bought more Sprint shares further exerting its control, instead of merging the companies. T-Mobile executives have openly stayed hopeful about a future merger.

Reports indicated that T-Mobile and Sprint hit turbulence during 2017 merger talks, but then T-Mobile sweetened the pot a bit with parent company Deutsche Telekom. However, a deal never materialized — mainly because of control.

Read also: SoftBank to increase stake in Sprint after T-Mobile merge talks end | What’s what with T-Mobile’s ‘free’ Netflix plan | T-Mobile: Digital transformation has to start with your employees first | Comparing unlimited plans from T-Mobile, Sprint, Verizon, and AT&T

There’s no details about preliminary discussion specifics. We have reached out to Sprint and T-Mobile, and will update you if we learn more.

Following the report, Sprint shares are up more than 6 percent. T-Mobile shares are up more than 5 percent.



Source link

About admin

I'm a 50 year old PLC programmer from Burnley, UK. I severed my time as an electrician in the baking industry and soon got involved with the up and coming technology of PLC's. Initially this was all based in the Uk but as the years went by I have gradually worked my way around the globe. At first it was mainly Mitsubishi with a bit of Modicon thrown in but these days the industry leaders seem to be the Allen Bradley range of PLC and HMI’s.

Check Also

Fibre to the basement left out of NBN plan to update fibre to the node

Advertisements Two charismatic gentlemen: Minister Paul Fletcher and NBN CEO Stephen Rue Image: Chris Duckett/ZDNet ...

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisements