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T-Mobile and Sprint kill merger talks

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After weeks of rumors and speculation about a possible merger between T-Mobile and Sprint, the two companies have spoken out and said their discussions have amounted to nothing. In joint statements, the telecoms firms announced that merger talks have come to an end. The companies were "unable to find mutually agreeable terms," and the decision has been made to "put an end to the extensive speculation around a transaction." President and CEO of Sprint, Marcelo Claure, said: "While we couldn't reach an agreement to combine our companies, we certainly recognize the benefits of scale through a potential combination. However, we… [Continue Reading]

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