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

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    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.

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    (Published Monday, Oct. 16, 2017)