Saturday, April 4, 2020
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    Home Carriers T-Mobile and Sprint might finally merge this time

    T-Mobile and Sprint might finally merge this time

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    There’s been talks about the possible merge of T-Mobile and Sprint, but those talks have often turned into fairy tales. These talks have been going on since 2013, when Sprint first tried to acquired T-Mobile for around $20 billion. This plan eventually went nowhere. T-Mobile later tried to sell itself to AT&T, an acquisition which was shortly killed by the DoJ. According to CNBC, Sprint and T-Mobile is still talking their way to a merger.

    The report states that both carriersĀ their parents, Deutsche Telekom and Softbank, “have been in frequent conversations about a stock-for-stock merger in which T-Mobile parent Deutsche Telekom would emerge as the majority owner.” The report continues informing that the negotiators are still weeks from finalizing the deal, and that there is a big possibility that the two carriers will not merge at all.

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