A report out of Japan this morning states that SoftBank, majority owner of Sprint, has called off talks that were being held to merge Sprint and T-Mobile. Last week, there was word that both U.S. based carriers and their respective corporate parents (Deutsche Telekom is the majority owner of T-Mobile) had worked out the broad outline of a transaction which would have left Deutsche Telekom as the majority owner of the combined company. T-Mobile president and CEO John Legere was apparently set to run the wireless operator that would rise from the merger of the third and fourth largest U.S. carriers. ...Monday 30 October 2017
Report: SoftBank calls off Sprint-T-Mobile merger talks
A report out of Japan this morning states that SoftBank, majority owner of Sprint, has called off talks that were being held to merge Sprint and T-Mobile. Last week, there was word that both U.S. based carriers and their respective corporate parents (Deutsche Telekom is the majority owner of T-Mobile) had worked out the broad outline of a transaction which would have left Deutsche Telekom as the majority owner of the combined company. T-Mobile president and CEO John Legere was apparently set to run the wireless operator that would rise from the merger of the third and fourth largest U.S. carriers. ...
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