T-Mobile Announces End Of Sprint Merger Talks

Posted: Nov 4 2017, 2:54pm CDT | by , in News | Technology News

 
T-Mobile Announces End of Sprint Merger Talks

Company puts an end to the extensive speculation around a transaction.

T-Mobile announced on Saturday that its over. T-Mobile has ceased talks to merge with Sprint, as the companies were unable to find mutually agreeable terms.

“The prospect of combining with Sprint has been compelling for a variety of reasons, including the potential to create significant benefits for consumers and value for shareholders. However, we have been clear all along that a deal with anyone will have to result in superior long-term value for T-Mobile’s shareholders compared to our outstanding stand-alone performance and track record,” said John Legere, President and CEO of T-Mobile US, Inc.

“Going forward, T-Mobile will continue disrupting this industry and bringing our proven Un-carrier strategy to more customers and new categories – ultimately redefining the mobile Internet as we know it. We’ve been out-growing this industry for the last 15 quarters, delivering outstanding value for shareholders, and driving significant change across wireless. We won’t stop now.”

T-Mobile has 70.7m costumers and will try to add much more during the Black Friday and Holiday shopping season. Having iPhone X stock would help, but Apple is way behind with supply.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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