Sprint and T-Mobile Back In Merger Talks, Deutsche Telekom To Get Stake
http://wccftech.com/sprint-t-mobile-merger-talks/
T-Mobile and Sprint are actively back in talks about the big merger, according to the close sources. If the deal gets closed then, Sprint could collect around $40 billion. Both the telecom carriers reportedly agreed that T-Mobile’s parent company, Deutsche Telekom would exercise control over the post-merger single entity as a major shareholder.
Sprint’s CEO Marcelo Claure and T-Mobile CEO John Legere will be heading the joint entity. Both Claure and Legere have often locked horns over Twitter, which makes it kind of interesting to see them working together.