You are here: Home » Companies » News
Business Standard

After November collapse, merger talks between Sprint and T-Mobile are back

Sprint's shares have lost more than a fifth of their value amid questions about how the company can compete effectively under the weight of its long-term debt of more than $32-bn


Sprint Corp has restarted talks to merge with T-Mobile US Inc, people familiar with the matter said on Tuesday, the latest effort to bring together the fourth and third largest US wireless carriers. The combined company would have more than 127 million customers and could create more formidable competition for the No.1 and No.2 wireless players, Verizon Communications Inc and AT&T Inc, amid a race to expand offerings in 5G, the next generation of wireless technology. A previous round of talks ended in November over valuation disagreements but Tim Hoettges, CEO of T-Mobile's ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, April 11 2018. 21:49 IST