Sprint might merge with Comcast or T-Mobile
Back in the days of the Obama administration, potential mergers of the large carriers were not allowed to go through. Since US regulators previously prevented AT&T from joining forces with T-Mobile, also doing the same with the Sprint and T-Mobile duo, we now get to see that Trump's administration makes the whole process much easier.
According to The New York Times, SoftBank's CEO and founder Masayoshi Son "promised President Trump late last year that he would create 50,000 new jobs in the United States through a $100 billion technology fund." Now, it looks like he and his advisers "are weighing several major possible deals for Sprint." The first such possible deal would be to join forces with T-Mobile, while doing so with Comcast would allow the Chinese company to invest directly in US-based wireless networks, also enabling them to use next-gen mobile technology.
For now, SoftBank declines to comment more on its plans for Sprint. Earlier this week, OneWeb (another SoftBank-controlled company) merged with Intelsat, so Sprint might follow its fate. We will get back to this story as soon as we hear more about it, so stay tuned.
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