Sprint, T-Mobile Decide Not To Move Ahead With Possible Merger

Published: Monday, November 6, 2017 - 3:50pm
Updated: Monday, November 6, 2017 - 3:54pm

For years, cellphone carriers Sprint and T-Mobile talked about a possible merger. Over the weekend, they officially called it off, for the foreseeable future, anyway.

In a statement, president and CEO of T-Mobile U.S. John Legere said, while combining with Sprint is compelling “we have been clear all along that a deal with anyone will have to result in superior long-term value for T-Mobile’s shareholders compared to our outstanding stand-alone performance and track record.”

 Julie Ask is an analyst with the research firm Forrester.

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