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Sprint Corp, T-Mobile call off merger after months of talks

A combined company would have had more than 130 million US subscribers, behind Verizon Communications Inc and AT&T Inc

Reuters  |  San Francisco/New York 

Sprint Corp and T-Mobile US Inc said on Saturday they have called off merger talks to create a stronger US wireless company to rival market leaders, leaving No 4 provider Sprint to engineer a turnaround on its own. The announcement marks the latest failed attempt to combine the third- and fourth-largest US wireless carriers, as Sprint parent SoftBank Group Corp and T-Mobile parent Deutsche Telekom AG, show an unwillingness to part with too much of their prized US telecom assets. A combined company would have had more than 130 million US subscribers, behind Verizon Communications ...

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First Published: Sun, November 05 2017. 10:27 IST
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