SoftBank

 

Sprint, T-Mobile Merger Imminent

SoftBank, Sprint’s majority owner, has reportedly reached a “basic agreement” to buy T-Mobile USA’s counterpart, Deutsche Telekom.

Justice Department Poised to Block Potential Sprint-T-Mobile Merger

Sprint Corp. executives faced resistance from Justice Department antitrust officials to a potential acquisition of T-Mobile, according to Bloomberg. A merger with T-Mobile would allow more aggressive competition with larger rivals Verizon Wireless and AT&T Inc.

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The ID is: 108373