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Sprint and T-Mobile renew merger talks

2017-09-20 15:16 by
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T-Mobile and Sprint are reportedly in active merger talks again. A merger between T-Mobile and Sprint - the nation's No. 3 and No. 4 wireless carriers, respectively - would create a powerful wireless company capable of taking on Verizon and AT&T.

T-Mobile CEO John Legere would be expected to lead any combination that comes from a deal, though Softbank CEO Masayoshi Son would want a say in how the company is run.

A deal would also face stiff regulatory scrutiny due to the market share each company possesses.

This isn't the first time the two companies have discussed a potential merger. Softbank, Sprint's parent company, attempted to acquire T-Mobile back in 2014, however, strict regulations from the Federal Communications Commission (FCC) muted the company’s efforts. And earlier this year, Softbank expressed renewed interest in making an offer for T-Mobile.

Read more -here-

 

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