The rumors about a potential Sprint/T-Mobile merger (which is to say a Softbank/Deutsche Telekom merger) have been circulating for quite a long time, though they have been picking up steam recently. Now, The Wall Street Journal is reporting that the deal may be close to complete as the two sides have agreed on "broad outlines" regarding a deal which values T-Mobile at $32 billion. Supposedly, the deal could be finalized this summer, and the terms right now have Sprint (aka Softbank) paying $40 per share to buy T-Mobile (a Deutsche Telekom property), which adds up to $32 billion in total. This is ...
The rumors about a potential Sprint/T-Mobile merger (which is to say a Softbank/Deutsche Telekom merger) have been circulating for quite a long time, though they have been picking up steam recently. Now, The Wall Street Journal is reporting that the deal may be close to complete as the two sides have agreed on "broad outlines" regarding a deal which values T-Mobile at $32 billion. Supposedly, the deal could be finalized this summer, and the terms right now have Sprint (aka Softbank) paying $40 per share to buy T-Mobile (a Deutsche Telekom property), which adds up to $32 billion in total. This is ...