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US: Sprint and T-Mobile are reportedly in merger talks again

 |  May 14, 2017

T-Mobile and Sprint are once again in talks to merge, according to reports.

The country’s third- and fourth-largest cellphone carriers have reportedly begun informal discussions to explore a deal, according to Bloomberg News, after the parent companies of both firms this week publicly expressed an openness to tying the knot with other companies.

Speculation about a possible merger involving T-Mobile and Sprint has been swirling for months, amid expectations that regulators under President Trump may be more willing to allow a combination than they were under President Barack Obama.

Telecom and cable companies have also been forbidden from negotiating mergers and acquisitions in recent months because of a high-stakes airwaves auction run by the Federal Communications Commission. Now that the auction has ended, analysts widely expect a frenzy of merger announcements in the coming months.

Full Content: CNBC

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