Seemingly, Softbank Group and T-Mobile's owner Deutsche Telekom were unable to agree on the ownership ratio for the partnership.
Wireless carriers Sprint and T-Mobile called off a potential merger, saying the companies couldn't come to an agreement that would benefit customers and shareholders.
The announcement marks the latest failed attempt to combine the third- and fourth-largest US wireless carriers, as Sprint parent SoftBank Group Corp 9984.T , and T-Mobile parent, Deutsche Telekom AG, show unwillingness to part with their prized USA telecom assets. But T-Mobile won't pursue a deal that doesn't "result in superior long-term value for T-Mobile's shareholders compared to our outstanding stand-alone performance and track record", he said.
T-Mobile (70 million subscribers) and Sprint (54 million subscribers) are the nation's third- and fourth-largest wireless carriers, respectively.
Shares of Sprint and T-Mobile tumbled Monday after rumors emerged that merger talks between the two companies were fizzling.
It comes as Sprint has somewhat struggled in an increasingly competitive U.S. mobile market.
The companies expected to have a better shot at the merger this year under the Trump administration. Now that nothing has changed, Sprint remains in a vulnerable position, having reported annual losses for ten consecutive years.
SoftBank CEO Masayoshi Son said in May that the Obama administration was "quite tough on business", and added "the door is open" for potential mergers with the new administration.
T-Mobile has allegedly now made a new proposal, the terms of which aren't known, and it's said that a deal could be a reached within weeks (though it's not the first time we've heard that regarding this particular partnership).
Barkley had 14 carries for 63 yards, caught three passes for 33 yards and had two kick returns for 15 yards. The sophomore finished with 400 passing yards in the Spartans' biggest win of the season so far.
During BlizzCon 2017 today, it was announced a new co-op mission for StarCraft 2 was on the way called Part and Parcel . In addition, you'll have access to the full ranked multiplayer ladder and every co-op commander in-game up to level 5.
Years later I was then informed that an investigation had begun and that I had to change the situation and pay back a certain sum. The investigation remains open, however, and it will be up to the judge to decide whether Mourinho will have to stand trial.
Since losing to USC and SDSU in back-to-back weeks the Cardinal brought a five game winning streak into Pullman on Saturday. Backup Tyler Hilinski threw for more than 500 yards last weekend, but his four interceptions helped Arizona win.
The boy has been taken to Lurie Children's Hospital, where his condition has improved from critical condition to being stabilized. It was believed the shooting happened after a drug deal gone awry, Chicago police Town Hall District Cmdr.
That means that by the time some users began hearing about the problem, WhatsApp was already working for them again. Since a couple of hours, billions of users have resorted to Facebook and Twitter to reach their friends and family.
Zimbabwe police on Friday picked up USA citizen Martha O'Donovan and seized her laptop during a dawn raid on her home in Harare. She was charged Saturday with insulting the president and subversion, which carries sentence of up to 20 years in prison.
Saudi air defence forces were quoted by broadcaster Al-Arabiya as saying they intercepted the missile north-east of the capital. A ballistic missile launched from Yemen was intercepted northeast of Saudi Arabia's capital, Riyadh, according to local media.
More will be revealed throughout the weekend at BlizzCon , so check out the virtual ticket for the livestreams, if you bought it. But fans will now finally be getting what they want, with an official vanilla WoW release called World of Warcraft Classic .
After last Sunday's win, Elliott said his camp felt "confident" the running back would play the balance of the 2017 season. The ongoing Ezekiel Elliott story hasn't been good for the NFL . "I'm not an abuser". "This is bigger than a suspension".
Outgoing Twitter employee deactivates Trump's account
The employee in question was a part-time contractor, not part of Twitter's full-time staff, according to media reports. He responded to the incident with a tweet: "My Twitter account was taken down for 11 minutes by a rogue employee".