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SoftBank CEO running out of time to clinch Sprint-T-Mobile merger

Reuters 

By Sheila Dang and Carl O'Donnell(Reuters) - SoftBank Group Corp CEO Masayoshi Son faces a closing window of opportunity to merge the Japanese company's debt-laden U.S. wireless subsidiary Sprint Corp with Deutsche Telekom's U.S. wireless unit, T-Mobile U.S. Inc .Sprint's latest round of merger talks with T-Mobile, reported earlier this week, came just five months after their previous deal negotiations ended. This is the companies' third attempt to clinch a deal in the last four years.While the time window for a deal is not clearly defined, the companies need to act before a U.S. wireless ...

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First Published: Thu, April 12 2018. 05:47 IST
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