Wireless carriers Sprint and T-Mobile are reportedly talking again about a merger that would, if completed, vault the resulting company into the No. 2 spot in the highly competitive industry, behind AT&T.
The No. 3 and No. 4 wireless providers -- T-Mobile has 69.6 million subscribers, Sprint, 53.7 million -- attempted a merger three years ago. But concerns that regulators would not approve the deal led to an unraveling.
T-Mobile declined comment on the report. Sprint could not be immediately reached for comment.
Masayoshi Son, the founder and CEO of Tokyo-based telecom and Internet company Softbank, has been seeking a deal to improve Sprint's position. Last week, Charter Communications declined an offer to merge with Sprint, to complete a pay-TV/wireless/broadband powerhouse.
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