Mobile, Sprint finally figuring out this merger thing ars_ab.settitle(1171975)

T-Mobile and Sprint

This changing of the guard is clearly visible in the new terms of the deal, which would see T-Mobile owner Deutsche Bank gaining a majority stake in the new company and leave Legere holding the reins of the combined behemoth. But even with a combined subscriber base of about 130 million customers, the merged company would still be slightly smaller than the two largest USA carriers, Verizon and AT&T - who have around 146 million and 135 million subscribers, respectively.

T-Mobile US Inc. (TMUS) and Sprint Corp.

CNBC reported earlier this week that both companies and their parents have been in frequent conversations about a stock-for-stock merger in which T-Mobile parent Deutsche Telekom would emerge as the majority owner. Over the past four months, however, the two companies have given the merger push renewed effort, and according to Reuters, deal terms are almost finalized.

If a deal were to be confirmed, it could create business with over 130 million subscribers.

T-Mobile stock traded up 1.03% to $64.04 premarket Friday, Sept. 22, while Sprint shares gained 4.23% to $8.38.

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We've been hearing rumors of a T-Mobile-Sprint merger for years now, with an attempted merger in 2014 getting abandoned by SoftBank CEO Masayoshi Son over concerns that regulators would oppose it.

Sprint declined to comment.

The government's decision to block Sprint from acquiring T-Mobile helped keep that competition intact, something large ISPs and their policy folk would similarly like you to forget.

A banker told THR that the talks have been on and off in recent months.

The two companies have not arrived at a price, however, Faber relates.


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