Potential T-Mobile And Sprint Merger Falls Apart

A woman talks on her phone as she walks past T-mobile and Sprint wireless stores in New York

The companies said they ended talks because they "were unable to find mutually agreeable terms".

Marcelo Claure, Sprint President and CEO added in the statement: "While we couldn't reach an agreement to combine our companies, we certainly recognize the benefits of scale through a potential combination". Its wide portfolio and clout have made it a good fit to own and operate Sprint from above thus far, though that was not always the case; at one point, Masayoshi Son was very open about the fact that the company was losing money thanks to Sprint. We know we have significant assets, including our rich spectrum holdings, and are accelerating significant investments in our network to ensure our continued growth.

T-Mobile US Inc. Our filings with the SEC, including our most recently filed Annual Report on Form 10-K, describe risks that could affect our future results.




Earlier this week, sources claimed SoftBank's board had chose to call off the Sprint-T-mobile merger, the reason being an inability to work out ownership terms with T-Mobile's Deutsche Telekom. The decision to call off merger talks came after a meeting involving the heads of all four companies, according to The Wall Street Journal.

The long-sought merger reportedly fell apart because SoftBank was unhappy with the latest terms, which would have given Deutsche Telekom majority ownership of both carriers. With the new Trump administration, it was thought regulators might be more relaxed.

Just last week, it seemed like a T-Mobile-Sprint merger was a done deal, but now everything's been thrown into disarray after a rumor said that SoftBank wanted to end the negotiations. "We won't stop now". Based in Bellevue, Washington, T-Mobile US provides services through its subsidiaries and operates its flagship brands, T-Mobile and MetroPCS.

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