& 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  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Austin Idol
Austin Idol,
User Rank: Moderator
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."
User Rank: Light Sabre
7/30/2017 | 6:22:43 PM
I don't think we're ready for this union. I'm not...

Featured Video
Flash Poll
Upcoming Live Events
May 6-8, 2019, Denver, Colorado
May 6, 2019, Denver, Colorado
September 17-19, 2019, Dallas, Texas
October 1, 2019, New Orleans, Louisiana
October 2-22, 2019, Los Angeles, CA
October 10, 2019, New York, New York
November 5, 2019, London, England
November 7, 2019, London, UK
December 3-5, 2019, Vienna, Austria
December 3, 2019, New York, New York
All Upcoming Live Events
Partner Perspectives - content from our sponsors
Building E2E IP Networks for the 5G & Cloud Era
By Gao Ji, President, Huawei Router & Carrier Ethernet Product Line
A Roadmap for Operators in the 5G & Cloud Era
By Kevin Hu, President, Huawei Network Product Line
Huawei Introduces Autonomous Driving Core Network
By David Fang, Chief NFV Marketing Expert & Solution Director, Huawei Cloud Core Network
Huawei Shows 5G in Action at MWC
By Ken Wieland, for Huawei
All Partner Perspectives