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11-06-2017, 04:08 PM
The T-Mobile and Sprint merger is off — again
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T-Mobile and Sprint won't be joining forces after all.
The two companies ended a months-long negotiation to merge after failing "to find mutually agreeable terms," they said in a joint statement (http://newsroom.sprint.com/tmobile-and-sprint-end-merger-discussions.htm) released early Sunday. The move marks the second time in three years that Sprint and T-Mobile have called off a deal. Talks for T-Mobile to acquire Sprint previously fell apart in 2014 (http://mashable.com/2014/08/06/t-mobile-ceo-legere-twitter-sprint/).
SEE ALSO: Thieves stole more than 300 iPhone X devices from a UPS truck (http://mashable.com/2017/11/03/iphone-theft-san-francisco/)
Neither company elaborated on why the latest talks broke down. In a statement, Sprint CEO Marcelo Claure said the two telecoms "agreed that it is best to move forward on our own." Read more... (http://mashable.com/2017/11/05/t-mobile-sprint-deal-is-off/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Sprint (http://mashable.com/category/sprint/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Telecommunications (http://mashable.com/category/telecommunications/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), T Mobile (http://mashable.com/category/t-mobile/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Softbank (http://mashable.com/category/softbank/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/p7NMUgu18TU
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T-Mobile and Sprint won't be joining forces after all.
The two companies ended a months-long negotiation to merge after failing "to find mutually agreeable terms," they said in a joint statement (http://newsroom.sprint.com/tmobile-and-sprint-end-merger-discussions.htm) released early Sunday. The move marks the second time in three years that Sprint and T-Mobile have called off a deal. Talks for T-Mobile to acquire Sprint previously fell apart in 2014 (http://mashable.com/2014/08/06/t-mobile-ceo-legere-twitter-sprint/).
SEE ALSO: Thieves stole more than 300 iPhone X devices from a UPS truck (http://mashable.com/2017/11/03/iphone-theft-san-francisco/)
Neither company elaborated on why the latest talks broke down. In a statement, Sprint CEO Marcelo Claure said the two telecoms "agreed that it is best to move forward on our own." Read more... (http://mashable.com/2017/11/05/t-mobile-sprint-deal-is-off/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Sprint (http://mashable.com/category/sprint/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Telecommunications (http://mashable.com/category/telecommunications/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), T Mobile (http://mashable.com/category/t-mobile/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Softbank (http://mashable.com/category/softbank/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/p7NMUgu18TU