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Sprint and T-Mobile Have Called off Merger Talks

Business Insider

SAN FRANCISCO (Reuters) - Sprint Corp and T-Mobile USA Inc said on Saturday that they officially broke off merger negotiations, ending months of back-and-forth talks that would have created the third-biggest U.S. wireless provider.

The announcement marks the latest failed attempt to combine the third- and fourth-largest U.S. wireless carriers, as Sprint parent SoftBank Group Corp, and T-Mobile, controlled by Deutsche Telekom AG, show unwillingness to part with their prized U.S. telecom assets...

Mentions: CEO T-Mobile Sprint