Sprint, T-Mobile US call off merger after several months of talks
A combined company would have had more than 130 million U.S. subscribers, behind Verizon Communications and AT&T.
The failed merger could also help keep wireless prices low as all four providers have been heavily discounting their cellphone plans in a battle for consumers.
The companies’ unusual step of making a joint announcement on the canceled negotiations could indicate they still recognize the merits of a merger, keeping the door open for potential future talks.
Sprint and T-Mobile said they ended talks because the companies “were unable to find mutually agreeable terms.” ■