T-Mobile, Sprint in Talks About a Merger: Sources - NECN

T-Mobile, Sprint in Talks About a Merger: Sources

T-Mobile parent Deutsche Telekom would emerge as the majority owner in the stock-for-stock merger

    processing...

    NEWSLETTERS

    T-Mobile, Sprint in Talks About a Merger: Sources
    Getty Images
    In this file photo, a T-Mobile logo is seen in New York City.

    T-Mobile and Sprint are in active talks about a merger, though negotiators are still weeks away from finalizing a deal to unite the nation's No. 3 and No. 4 wireless carriers, people close to the situation told CNBC.

    T-Mobile parent Deutsche Telekom would emerge as the majority owner in the stock-for-stock merger. Sprint's parent company is Softbank.

    The companies declined to comment on the report.

    A big factor looming over a possible deal is the risk of rejection by antitrust regulators.

    Patriots Owner Robert Kraft Teams Up With Nike for Charity

    [NATL] Just for Kicks: Patriots Owner Robert Kraft Teams Up With Nike for Charity

    New England Patriots owner Robert Kraft has teamed up with Nike to celebrate the Pats Super Bowl LI victory over the Atlanta Falcons. The Nike RKK Air Force 1 Flyknit is the fourth collaboration between Kraft and the sneaker company.

    (Published Thursday, Oct. 19, 2017)