SoftBank to increase its stake in Sprint; carrier signs deal with cable firm Altice USA

Today, the day after Sprint and T-Mobile called off what appeared to be serious merger talks, Sprint inked a multi-year deal with the nation's fourth largest cable firm, Altice USA. The latter will employ Sprint's network to give its subscribers access to wireless voice and data. Whether this will be done via an MVNO is not clear at the moment. The agreement will also allow Sprint to use the Altice cable infrastructure to send cellular data and to develop its 5G network.

Talks between T-Mobile and Sprint ended when both carriers and their majority investors couldn't reach an agreement over ...