T-Mobile and Sprint could agree on merger deal in October


A Sprint – T-Mobile merger that could shake up the US
wireless industry has been in the rumor mill for years. Now, the deal is close
to being finalized – according to Reuters and “people familiar with the
matter.”  

 

Reportedly, T-Mobile and Sprint are “close to agreeing
tentative terms” on the merger. Japan’s
Softbank, Sprint’s parent company, would own at least 40%, but not more than 50%
of the newly-formed wireless carrier, while Germany’s Deutsche Telekom,
T-Mobile’s parent company, would retain a majority stake.

 

Reuter has it that a final deal could be reached by …


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