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T-Mobile, Sprint Close To Agreeing Deal Terms (reuters.com)

Posted by msmash on from the up-next dept.

From a report: T-Mobile US is close to agreeing tentative terms on a deal to merge with peer Sprint Corp, people familiar with the matter said on Friday, a major breakthrough in efforts to merge the third and fourth largest U.S. wireless carriers. The development follows more than four months of on-and-off talks this year between T-Mobile and Sprint, and comes as the U.S. telecommunications sector seeks ways to tackle investments in 5G technology that will greatly enhance wireless data transfer speeds.

3 of 85 comments (clear)

  1. Re:eeew by clonehappy · · Score: 2, Informative

    Deutsche Telekom will remain the majority shareholder of the combined entity. T-Mobile is essentially buying Sprint.

    Think before you speak.

  2. Re:If Sprint takes over ownership future is bleak by Anubis+IV · · Score: 5, Informative

    The reporting I read earlier today suggested that the positions have been swapped at the table, so T-Mobile's owner (Deutsche Telekom) would be the majority shareholder in a 60-40 merger with Sprint (owned by SoftBank). Likewise, the current T-Mobile CEO who has been leading a successful comeback for the carrier would be the CEO of the merged company.

  3. Re:Network compatibility? by starblazer · · Score: 4, Informative

    they both run LTE networks and LTE is the way of the foreseeable future. CDMA and GSM are not the main underlying topologies like they used to be.