& cplSiteName &

Sprint Resumes Prelim Merger Talks With T-Mobile – Report

Dan Jones

Sprint has reportedly resumed merger talks with T-Mobile, while continuing previous discussions with cable companies, as the operator hopes to hit the finish line in its M&A saga.

Sprint Corp. (NYSE: S) and T-Mobile US Inc. have restarted discussions after "an exclusive negotiating period" with Charter Communications Inc. and Comcast Corp. (Nasdaq: CMCSA, CMCSK) "expired at the end of July," Bloomberg reports, citing sources familiar with the situation. (See DT Wants Majority Stake in T-Mobile-Sprint Merger – Report and Charter Rebuffs Sprint, Still a SoftBank Target?)

Sprint CEO Marcello Claure said last week that an announcement on a long-anticipated merger would be "coming soon." He stressed that the operator still has options. (See Sprint's CEO Expects M&A-Related Announcement 'Soon'.)

Sprint shares are up 0.17% at $8.72 in Monday morning trading. T-Mobile is barely up 0.02% at $64.53.

— Dan Jones, Mobile Editor, Light Reading

(6)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
alison diana
alison diana,
User Rank: Moderator
8/8/2017 | 3:57:21 PM
Re: Frantic
Thinking of history, I recall when Sprint first started with its whole focus on being a fiber optic company. Sad to see it on the chopping block, but hopefully an acquisition will benefit all -- the employees and customers (as well as shareholders). 
User Rank: Blogger
8/8/2017 | 12:41:47 PM
Re: Frantic
History is definitely repeating here....
User Rank: Blogger
8/8/2017 | 12:41:03 PM
Re: Frantic
T-Mobile would argue they've taken customers off the other 3 for multiple quarters. Recall they're at nearly 70M customers now.
User Rank: Light Sabre
8/7/2017 | 6:55:26 PM
Re: Frantic
These companies really need to merge. It doesn't do any good for them to operate separately while Verizon and AT&T continue to take a bigger piece of the pie.

Something's gotta give. 
User Rank: Light Sabre
8/7/2017 | 12:26:11 PM
Re: Frantic

Did you steal a headline from the past and republish it?




User Rank: Light Sabre
8/7/2017 | 12:04:16 PM
Softbank seems to be casting lines in all sorts of directions. Kind of reminds me of the Bernie Ebbers days, but on a much higher level.
Featured Video
From The Founder
John Chambers is still as passionate about business and innovation as he ever was at Cisco, finds Steve Saunders.
Flash Poll
Upcoming Live Events
September 12, 2018, Los Angeles, CA
September 24-26, 2018, Westin Westminster, Denver
October 9, 2018, The Westin Times Square, New York
October 23, 2018, Georgia World Congress Centre, Atlanta, GA
November 6, 2018, London, United Kingdom
November 7-8, 2018, London, United Kingdom
November 8, 2018, The Montcalm by Marble Arch, London
November 15, 2018, The Westin Times Square, New York
December 4-6, 2018, Lisbon, Portugal
All Upcoming Live Events
Hot Topics
Telecom Jargonosaurus Part 1: Repeat Offenders
Iain Morris, News Editor, 7/13/2018
Broadcom Buys CA – Huh?
Mitch Wagner, Executive Editor, Light Reading, 7/11/2018
Verizon Taps Malady as Acting CTO
Dan Jones, Mobile Editor, 7/12/2018
FCC's Rosenworcel: US 'Falling Behind' on 5G
Iain Morris, News Editor, 7/13/2018
Viptela's Kingpins Have a New Stealth Startup
Ray Le Maistre, Editor-in-Chief, 7/12/2018
Animals with Phones
Casual Tuesday Takes On New Meaning Click Here
When you forget your pants.
Live Digital Audio

A CSP's digital transformation involves so much more than technology. Crucial – and often most challenging – is the cultural transformation that goes along with it. As Sigma's Chief Technology Officer, Catherine Michel has extensive experience with technology as she leads the company's entire product portfolio and strategy. But she's also no stranger to merging technology and culture, having taken a company — Tribold — from inception to acquisition (by Sigma in 2013), and she continues to advise service providers on how to drive their own transformations. This impressive female leader and vocal advocate for other women in the industry will join Women in Comms for a live radio show to discuss all things digital transformation, including the cultural transformation that goes along with it.

Like Us on Facebook
Twitter Feed