The Sprint/T-Mobile merger may be off for good
T-Mobile and Sprint are the biggest “will they or won’t they” story since Ross and Rachel. We’ve watched for years as SoftBank, who owns Sprint , and Deutsche Telekom, who owns T-Mobile, have danced around a merger of the nations third and fourth largest carriers . Things had seemingly begun to heat up over the last few months, but a new report is throwing water on the merger. According to Nikkei , Softbank is responsible for calling off the merger. SoftBank and DT had previously agreed to a framework that would’ve combined the two carriers, but the sticking point comes at the ownership share each would hold. Many had assumed that since T-Mobile has an advantage in total subscribers that it would hold a majority ownership in the combined company. It seems that SoftBank’s executives aren’t on board with that idea and voted to call off the talks. SoftBank is reportedly going to break off negotiations on Tuesday in a meeting with DT. Editor's Pick Unpacking the Uncarrier