T-Mobile, Sprint Finalizing Merger

Sources say that T-Mobile and Sprint may announce a merger as soon as tomorrow, in a deal valued at around $ 26 billion. If talks do not fall apart like last time, the plan would consolidate 127 million customers and establish a bigger contender in the 5G race.

The companies came close to a merger deal in November before SoftBank Chief Executive Masayoshi Son pulled out of the talks at the last minute over valuation disagreements. Deutsche Telekom CEO Tim Hoettges left the door open by saying, “You always meet twice in life.” Discussion…
[H]ardOCP News/Article Feed

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