It looks like T-Mobile and Sprint are inching closer to finalizing terms in multibillion-dollar merger

smartphone taking picturesAP Photo/Rogelio V. Solis

  • US wireless carriers T-Mobile and Sprint are finalizing terms as they seek to sign a merger by Monday that could value Sprint at around $ 26 billion.
  • The combined company, with more than 127 million customers, would have added clout to challenge industry leaders Verizon and AT&T.
  • Among other things, the telecom giants are in a race to expand offerings in next-generation 5G wireless technology.

(Reuters) – U.S. wireless carriers T-Mobile and Sprint are finalizing terms as they seek to sign a merger by Monday that could value Sprint at around $ 26 billion, people familiar with the matter said on Friday.

The combined company, with more than 127 million customers, would have added clout to challenge industry leaders Verizon and AT&T in the race to expand offerings in next-generation 5G wireless technology.

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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