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US: T-Mobile and Sprint close to a deal

 |  September 24, 2017

Sprint and T-Mobile could reach a deal before November according to Reuters’ anonymous sources.

The 3rd and 4th largest wireless carriers in the US have been in talks for months and on Friday, September 22, reports were released that negotiations could soon reach an agreement.

The sources claim that post-merger, T-Mobile shareholders and parent company Deutsche Telekom will own the majority of the merged company while Sprint shareholders and controlling shareholder SoftBank Group Corp will own 40-50%.

Full Content: Reuters

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