Technology content trusted in North America and globally since 1999
7,745 Reviews & Articles | 57,373 News Posts

Sprint and T-Mobile cancel merger plans

Sprint and T-Mobile are now longer mergering, and cancel their plans for a joint union
By: Derek Strickland | BREAKING STORY News | Posted: 1 week, 6 days ago

After months of negotiations, the monumental Sprint-T-Mobile merger has been cancelled.

 

sprint-mobile-cancel-merger-plans_8

 

According to latest reports from The Wall Street Journal, Sprint and T-Mobile won't be combining forces after all. Japan's SoftBank consortium, which serves as Sprint's parent company, has made good on past reports of calling off the deal. T-Mobile recently proposed new terms in a bid to keep the deal active

 

"Sprint and T-Mobile Calling Off Merger," The WSJ reports. "SoftBank To Buy Additional Shares of Sprint in Open Market."

NEWS SOURCES:Wsj.com

Related Tags

Got an opinion on this news? Post a comment below!
loading