SoftBank reportedly willing to cede control of Sprint to entice T-Mobile
(Reuters) – Japan’s SoftBank Group is prepared to give up control of Sprint to Deutsche Telekom’s T-Mobile to clinch a merger of the two U.S. wireless carriers, according to people familiar with the matter.
SoftBank has not yet approached Deutsche Telekom to discuss any deal because the U.S. Federal Communications Commission has imposed strict anti-collusion rules that ban discussions between rivals during an ongoing auction of airwaves.
After the auction ends in April, the two
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