Sprint Closer To Acquiring T-Mobile US

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Sprint Closer To Acquiring T-Mobile US

by Wochit 0:30 mins

Sprint Closer To Acquiring T-Mobile US

by Wochit 0:30 mins

Sprint and T-Mobile have agreed on the broad terms of a merger worth around $50 billion, including debt, and are working toward a final agreement. Under the framework, Sprint would acquire T-Mobile for around $40 a share in a deal that could happen early this summer. A deal could still fall through, but if completed would combine the country's third and fourth largest wireless operators.

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