Sprint Nextel Corp. and Deutsche Telekom AG are again discussing options for combining Sprint with the German company’s U.S. subsidiary, T-Mobile USA, though a deal is unlikely in the near term, people familiar with the matter said.
A deal would combine the third and fourth largest wireless carriers by subscribers in the U.S. and create a substantial counterweight to industry leaders AT&T Inc. and Verizon Wireless.
But the people characterized the talks as preliminary and said there are a number of hurdles that make a quick deal unlikely. Those hurdles include valuing T-Mobile USA, determining ownership and leadership of a combined company, and figuring out how a transaction might be financed, these people said.
Full story: Sprint in Talks Over T-Mobile USA – WSJ.com