While T-Mobile and Sprint have yet to announce their oft-rumored merger, this morning's Wall Street Journal says that the broad outline of the deal has been drawn up. With both carrier's canceling the post announcement conference call that is traditionally held after every earnings release, analysts now expect an announcement to either be imminent or further delayed. The WSJ says that both sides have agreed on an all stock transaction, and T-Mobile parent company Deutsche Telekom will be the majority owner of the combined operation.
Charismatic executive John Legere, the president and CEO ...
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