Some reports have indicated that T-Mobile and Sprint started and stopped merger discussions a number of times, but now they are looking very close to finalize an agreement. CNBC and the Wall Street Journal were informed by some authentic sources that both carriers are looking too close to finalizing a merger deal and it will be announced after 29th April 2018. It was reported that this agreement might value Sprint at more than 26 billion U.S dollars. It would give parent Deutsche Telekom of T-Mobile at least 40% stake in the combined carrier. The chief of T-Mobile, John Legere might run the combined carrier. It was reported that the chief of the parent company of Sprint (SoftBank), Masayoshi Son had a change of heart. He stopped talks with T-Mobile due to concerns regarding valuation.
But, CNBC has indicated that Son found much better prospects from lower corporate taxes and he is well aware that how much it will cost Sprint in upgrading to 5G. The tipsters were quickly made alert that things might still fall apart. It is important that both carriers have abruptly halted discussions in the past. If they really announce a merger then there will not be any kind of legal hurdle. Point to be noted that officials shot down the attempt of AT&T to buy T-Mobile in the year 2011 and they might do the similar move for its Time Warner acquisition. Both T-Mobile and Sprint are considerably smaller as compared to the AT&T and its arch-rival Verizon. But, regulators may still see this hurting wireless competition.