T-Mobile, Sprint in Talks About a Merger: Sources - NECN
National & International News
The day’s top national and international news

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.

    Officer Shoots Through His Own Windshield During Car Chase

    [NATL] Las Vegas Officer Shoots Through His Own Windshield During Car Chase

    Body cam footage released by the Las Vegas Metropolitan Police Department shows an intense pursuit seen from the front seat of a patrol car. Officer William Umana was trying to stop a pair of suspected killers who had fired at police 34 times. One is seen on camera shooting back while driving, blowing holes in his own windshield.

    (Published 3 hours ago)