T-Mobile, Sprint in Talks About a Merger: Sources - NBC Connecticut
National & International News
The day’s top national and international news

T-Mobile, Sprint in Talks About a Merger: Sources

T-Mobile parent Deutsche Telekom would emerge as the majority owner in the stock-for-stock merger

    processing...

    NEWSLETTERS

    How Doctors Gave One Singer his Voice Back
    Getty Images
    In this file photo, a T-Mobile logo is seen in New York City.

    T-Mobile and Sprint are in active talks about a merger, though negotiators are still weeks away from finalizing a deal to unite the nation's No. 3 and No. 4 wireless carriers, people close to the situation told CNBC.

    T-Mobile parent Deutsche Telekom would emerge as the majority owner in the stock-for-stock merger. Sprint's parent company is Softbank.

    The companies declined to comment on the report.

    A big factor looming over a possible deal is the risk of rejection by antitrust regulators.

    DHS Secretary Defends Practice of Separating Families at Border

    [NATL] DHS Secretary Defends Practice of Separating Families at Border

    Homeland Security Secretary Kirstjen Nielsen defended the practice of separating families at the U.S.-Mexico border, saying that her department is merely following laws. Speaking at a White House briefing Monday, Nielsen said the issue has been growing for years, the product of loopholes that have created an open border.

    (Published Monday, June 18, 2018)