Monday 30 October 2017

Japan's SoftBank doubts merger of Sprint with T-Mobile: source

Japan's SoftBank doubts merger of Sprint with T-Mobile: source

SoftBank Group Corp's (9984.T) board of directors is having doubts about the merger it has been negotiating between its U.S. wireless subsidiary Sprint Corp (S.N) and T-Mobile US Inc (TMUS.O), due to fears of losing control of a combined entity, a source familiar with the matter told Reuters on Monday.
Read more: https://www.reuters.com/article/us-sprint-corp-m-a-t-mobile-us/japans-softbank-doubts-merger-of-sprint-with-t-mobile-source-idUSKBN1CZ265?source=Snapzu

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