Start United States USA — IT Softbank and T-Mobile reportedly trying again for merger

Softbank and T-Mobile reportedly trying again for merger

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To do that, Softbank would be willing to give up control of Sprint, the fourth-largest wireless carrier in the US, according to a Reuters report.
Sprint and T-Mobile, led by CEO John Legere, are reportedly eying a merger again.
T-Mobile and Sprint, respectively the third and fourth largest wireless carriers in the country, are reportedly again trying to join forces.
Sprint, owned by the Japanese company Softbank, and T-Mobile, owned by German company Deutsche Telekom, are trying to clinch a merger. To do that, Softbank is willing to give up control of Sprint to T-Mobile, according to a report Friday by Reuters.
But Softbank and Deutsche Telekom haven’t had discussions yet because the companies aren’t legally allowed to talk to each other during an auction of airwaves going on right now , in which the FCC has set aside a swath of spectrum for bidding specifically for smaller players.

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