Reports Regarding a Sprint and T-Mobile U.S. Tie-Up Return; No FVE Changes as Odds Remain Poor
The Wall Street Journal reported on April 10 that Sprint and T-Mobile US are once again in discussions regarding a merger. We continue to believe that strategically a merger would be in the best interest of both companies. However, consummating such a transaction has been fraught with difficulty, and we don’t see that changing. The last talks ended when Softbank demanded control of the combined company. We think this is a ridiculous requirement and will never get past Deutsche Telekom, the contr...Sprint is a holding company. Through its subsidiaries, the company is a communications company providing wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers. The company has two segments: Wireless, which provides wireless services on a postpaid and prepaid payment basis to retail subscribers and also on a wholesale basis, including the sale of wireless services that utilize the company's network but are sold under the wholesaler's brand; and Wireline, which provides a suite of wireline communication services to other communications companies and targeted business customers, as well as voice, data and internet protocol communication services.
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