Top
Sprint Strikes Out As Charter Declares ‘No Interest’ In Merger, Reveals Its Own Wireless Plans

Sprint Strikes Out As Charter Declares ‘No Interest’ In Merger, Reveals Its Own Wireless Plans

August 1, 2017

Via: CRN
Category:

Wireless carrier Sprint, which has been publicly on the lookout for merger partners since April, can’t seem to find any takers.

Sprint on Friday proposed a full merger with cable giant Charter Communications that would create a media and communications giant. The tie-up would have gone a step further than typical Mobile Virtual Network Operator (MVNO) deals, which allow telecom and cable providers to resell wireless services from another carrier. Sprint majority-owner SoftBank Group was seeking control over the newly-combined company.

Charter on Sunday night declined SoftBank’s offer.

Read More on CRN