This would be the second time an attempted merger of Sprint, controlled by SoftBank Group Corp (T:), and T-Mobile, controlled by Deutsche Telekom (DE:), has failed.
"The prospect of combining with Sprint has been compelling for a variety of reasons, including the potential to create significant benefits for consumers and value for shareholders", John Legere, president and CEO of T-Mobile US said in the statement.
T-Mobile made a revised offer, which Sprint is considering, the Journal said.
Sprint Corp (S.N) and T-Mobile US Inc (TMUS.O) said on Saturday they have called off merger talks to create a stronger USA wireless to rival market leaders, leaving No. 4 provider Sprint to engineer a turnaround on its own.
Sprint has sought to strengthen its balance sheet by cutting costs. If T-Mobile and Sprint had aligned, they would collectively rise to the number three provider slot in the USA mobile market. The two sides could reach a deal within weeks, but the two companies could still fail to agree on deal terms.
Deutsche Telekom CEO Tim Höttges said in a statement on Saturday that T-Mobile has a "strong basis for growth in the upcoming years". But with the new Trump administration, it was thought regulators might be more relaxed about a merger. What can the next era of T-Mobile and Sprint do to gain ground?
Legere said that T-Mobile has "been out-growing this industry for the last 15 quarters, delivering outstanding value for shareholders, and driving significant change across wireless".
A source told Reuters in July that SoftBank was considering an acquisition offer for Charter in a deal where it would combine the cable company with Sprint.
Reports suggest that a major hurdle to the merger wasn't Sprint or T-Mobile directly, but rather the their ownership.
It is still possible that Sprint will reject the new terms or decline investing any more effort into the potential merger.
The Consumer Product Safety Commission has recalled various makes and models of Kidde fire extinguishers with plastic handles. The recalled extinguishers date back decades and some models have been recalled before for other issues.
Houston's offense completely transformed with the Clemson product under center, averaging 39 points over their last five games. At 3-4, the Texans were still considered by many to be the favorite to capture the wide-open AFC South.
Prior to its release , most people assumed Super Mario Odyssey was being positioned as Nintendo's most important IP this year. And with the holiday season fast approaching, Nintendo is set to sell a whole bunch more.
Warm, dry weather will accompany the time change this weekend, so enjoy some time outdoors after getting that extra hour of sleep. And there are arguments on the idea that daylight-saving time reduces electricity usage and promotes energy efficiency.
Wisdom of the Crowd , in which Piven portrays a tech genius trying to hunt down his daughter's killer, premiered on October 1. The incident with Piven in his " Entourage " trailer reportedly occurred again at the Playboy Mansion.
Neighbours told officers that they had noticed a sewage-like smell for at least two months, but that they had not reported it. Security camera footage showed the victim and the suspect walking together at Hachioji Station and Sobudai-mae Station.
Prosecutors said the soldier should spend 14 years behind bars for endangering USA troops in Afghanistan. He pleaded guilty to desertion and misbehaviour before the enemy and had faced up to life in prison.
Israeli jets on November 1 carried out an airstrike in western Syria , south of the city of Homs, according to reports. Syrian television reported "an aggression" by Israel in the region, adding that the national army had "responded".
It has been reported that Kylie Jenner is now filming a pregnancy spin-off series that her mother, Kris , is helping her with. The couple got matching butterfly tattoos over the summer, and Scott has also given the reality star jewelry with the motif.
Starcraft II Is Going Free To Play Later This Month
In a surprising opening move for Blizzcon 2017 , Blizzard Entertainment announced today that Starcraft II is going free-to-play . In the seven years since it released in 2010, StarCraft II has awarded over $11M in prizes to competitors.
Zimbabwe charges USA woman with subversion
She is also alleged to have referred to Mugabe in a tweet as a "goblin whose wife and step-son bought a Rolls-Royce". Zimbabwe authorities say they believe O'Donovan is the author of the tweet on October 11 based on her IP address.
Takeaways from loss to Washington State in Week 10
Following a Washington State TD reception against Stanford , a random fan jumped out of the stands and stripped in the end zone. San Francisco, the major city closest to Stanford's campus in Palo Alto, recently went 35 years without snowfall .
Saudi Arabia intercepts ballistic missile northeast of Riyadh
Yemeni Houthi forces have claimed responsibility for the attempted strike, Al Jazeera reported, citing a spokesman for the rebels. According to videos published on social media, smoke could be seen rising near Riyadh's King Khalid International Airport.
This Japanese company is offering nonsmokers extra vacation days
But instead of punishing the smokers, the company wound up rewarding the non-smokers, giving them six extra vacation days a year. The frequent cigarette breaks meant many employees were away from their desks upwards of 15 minutes each day, Matsushima added.
Rwanda eclipses Ireland on closing gender gap
WEF data showed the country's ranking declined to 25th in economic participation and opportunity in 2017, from 21st in 2016. Zahidi says that public-private collaborations or exchanging information about best practices could help address the issue.
Google Pixel 2 XXL Muskie is HTC's Schrodinger's Cat
It is probably the best smartphone HTC has ever delivered, and it really competes nicely with other flagships too. In the last period, the company seems to be struggling with smartphone sales, so a comeback would be nice for it.
Apple reports earnings after the bell
We have not got the devices so far", a representative from Imagine Store, an Apple Premium Reseller in Gurugram, told IANS. If the iPhone X is a big hit, that could fuel growth of offerings like Apple Music and iCloud storage in coming years.