& cplSiteName &

Sprint Proposes Merger With Charter – Report

Dan Jones

Awwwww! Who doesn't love a summer wedding? Maybe that's why Sprint is reportedly proposing to its cable cuddle buddy, Charter, which -- it turns out -- may be more of a reluctant suitor.

The Wall Street Journal reported Friday evening that Sprint Corp. (NYSE: S) has proposed a full merger to Charter Communications Inc. The cable company, however, may not be so keen, according to Bloomberg.

The idea would be to create a new combined public company controlled by Sprint majority owner SoftBank Corp. Charter is said to still be in talks about any potential deal.

As Light Reading has reported prior to this latest development, Charter, Comcast Corp. (Nasdaq: CMCSA, CMCSK) and Sprint have been talking about possible tie-up options. In turn, these exclusive discussions were said to shut out potential talks between Sprint and T-Mobile US Inc. (See Sprint Plus Cable, Still on the Table – Report.)

For the moment, however, the will-they/won't-they Sprint saga continues.

— Dan Jones, Mobile Editor, Light Reading

(2)  | 
Comment  | 
Print  | 
Related Stories
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Austin Idol
Austin Idol
7/31/2017 | 8:09:59 AM
Danny Big FIsh
You take bait hook like and sinker Danny all the time. Don't you get tired of having big fish hook in your mouth. "We understand why a deal is attractive for SoftBank, but Charter has no interest in acquiring Sprint," the company told FierceWireless via email. "We have a very good MVNO relationship with Verizon and intend to launch wireless services to cable customers next year."
7/30/2017 | 6:22:43 PM
I don't think we're ready for this union. I'm not...

Featured Video
Upcoming Live Events
March 16-18, 2020, Embassy Suites, Denver, Colorado
April 20, 2020, Las Vegas Convention Center
May 18-20, 2020, Irving Convention Center, Dallas, TX
May 18, 2020, Hackberry Creek Country Club, Irving, Texas
September 15-16, 2020, The Westin Westminster, Denver
All Upcoming Live Events
Upcoming Webinars
Webinar Archive
Partner Perspectives - content from our sponsors
Challenges & Key Issues of Constructing 'MEC-Ready' 5G Bearer Networks for Carriers
By Dr. Song Jun, Senior Solution Architect, Huawei Datacom Product Line
Good Measures for 5G Service Assurance
By Tomer Ilan, Senior Director of Product Management, RADCOM
Automation Scores Against Operational Costs – The Business Benefits of Automation and Orchestration
By John Malzahn, Senior Manager, Service Provider Product Marketing, Cisco Systems
All Partner Perspectives