Sprint, T-Mobile reportedly may wrap up deal talks by next week

Sprint, T-Mobile reportedly may wrap up deal talks by next week

6 years ago
Anonymous $CLwNLde341

https://www.cnet.com/news/sprint-t-mobile-reportedly-may-wrap-up-deal-talks-by-next-week/

T-Mobile and Sprint, the third- and fourth-largest wireless carriers in the US respectively, expect to complete negotiations for a merger as early as next week, sources tell Reuters.

Japanese conglomerate Softbank Group, which controls Sprint, and German company Deutsche Telekom, controller of T-Mobile, are discussing terms for how they would exercise voting control over the combined company, the news agency reported. This could allow Deutsche Telekom to consolidate the combined company on its books, even without a majority stake in it, the sources said.

Sprint, T-Mobile reportedly may wrap up deal talks by next week

Apr 27, 2018, 2:13am UTC
https://www.cnet.com/news/sprint-t-mobile-reportedly-may-wrap-up-deal-talks-by-next-week/ >T-Mobile and Sprint, the third- and fourth-largest wireless carriers in the US respectively, expect to complete negotiations for a merger as early as next week, sources tell Reuters. >Japanese conglomerate Softbank Group, which controls Sprint, and German company Deutsche Telekom, controller of T-Mobile, are discussing terms for how they would exercise voting control over the combined company, the news agency reported. This could allow Deutsche Telekom to consolidate the combined company on its books, even without a majority stake in it, the sources said.