Charter Communications says ‘no interest’ in buying Sprint
Sprint proposed a merger with Charter as the wireless carrier seeks an alternative to a deal with T-Mobile US Inc (TMUS.O) that has so far not come to fruition, sources familiar with the matter told Reuters on Friday. Japan’s SoftBank Group Corp (9984.T), which controls Sprint, proposed a complex transaction that would create a new company and be controlled by SoftBank, the sources said. “We understand why a deal is attractive for Softbank, but Charter has no interest in acquiring Sprint,” the spokesman said in an email to Reuters on Sunday.
Source:: https://finance.yahoo.com/news/charter-communications-says-no-interest-023034131.html
