Stock Ticker

  • Loading stock data...

Sprint Corp (NYSE:S) Might Receive An Alternative To T-Mobile US Inc (NASDAQ:TMUS) — For A Price, Sources Report

Talks regarding establishing whether or not the cable giants should be given the permission to offer mobile services are growing tougher than anyone would have imagined. Sprint Corp (NYSE:S), an industry leader, has been spearheading talks with Charter Communications, Inc (NASDAQ:CHTR) and Comcast Corporation (NASDAQ:CMCSA) lately to convince them to agree to the deal.

One thing that is coming out clearly from the negotiations is the fact that both sides seem to be taking very strong stands, complicating the whole negotiation game. Verizon Communications Inc (NYSE:VZ) and T-Mobile US Inc (NASDAQ:TMUS) are the two companies that can be mentioned in this particular regard thought there are also others.

Most of the concerned parties are looking forward to see how the game plays out. This is because it could largely impact the U.S. telecom landscape from numerous perspectives. But it is crucial to outline that Sprint doesn’t have the much needed impact to move matters as it wishes, and unfortunately the companies it is negotiating with know it.

According to Thestreet , Charter and Comcast are excited after they obtained an exclusive negotiating window with Sprint .The mobile reseller deal is a matter that a lot of the concerned parties will be following on closely. Some people familiar with the matter have revealed that such a deal could result in Charter and Comcast both taking stakes in Sprint.

That would mean the cash-strapped carrier would obtain the capital it needed a huge deal in carrying out the necessary upgrades of its network. The acquisition of Sprint is a possibility though WSJ has been downplaying this terming it a much less likely scenario.

Some time back, there were talks about the possibility of Sprint merging with T-Mobile. However, at the moment the chances remain pretty slim. Notably, the WSJ remains skeptical about the merger considering the nature of the talks. However, some top trusted sources close to Sprint have gone forward saying that it would be inappropriate to just rule out all the chances of it happening. If it doesn’t happen now, it would most probably happen later.

Published by Christine Lawrence

Christine Lawrence is a financial analyst. She loves analyzing socioeconomic trends in the background of financial moves. She has overall seven years of experience in Auditing, Finance and Writing.

Recent Stories

Sponsored Content

Sign Up To Get Our Latest Stocks Alerts