Feels like every few years news breaks that T-Mobile and Sprint are engaging in merger talks and this year is no different. CNBC is reporting that the two carriers are “actively engaged” in merger talks at the moment but no agreement has been made — nor is there any sort of guarantee that one will be reached anytime soon.
Sound familiar? We’ve been hearing talks of a merger for years now, dating all the way back to 2014 where a deal was reportedly valued at around $32 billion. SoftBank — Sprint’s parent company — was never shy about their desire to still strike up a deal, and things got a little more serious after a government spectrum auction ended in February, with reports back in May of this year that early negotiations were about to kick back up.
Of course, any such deal would be subject to regulatory approval, something never seemed to end too well for the 3rd and 4th biggest carriers in the US. It’s unclear where talks will go from here but as always, we’ll keep our ears to the ground.