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Safi Bello

Sprint, T-Mobile reportedly may wrap up deal talks by next week

CNET ------- T-Mobile and Sprint, the third- and fourth-largest wireless carriers in the US respectively, expect to complete negotiations for a merger as early as next week, sources tell Reuters. Japanese conglomerate Softbank Group, which controls Sprint, and German company Deutsche Telekom, controller of T-Mobile, are discussing terms for how they would exercise voting control over the combined company, the news agency reported. This could allow Deutsche Telekom to consolidate the combined company on its books, even without a majority stake in it, the sources said. To learn more click on the picture below to read the article.

Sprint, T-Mobile reportedly may wrap up deal talks by next week - Read More CNET

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