Deals
T-Mobile Parent Deutsche Telekom Seeks New Terms for Sprint Deal
- Sprint’s share slide empowering Deutsche Telekom to spur talks
- U.S. court ruling is seen as last major hurdle for merger
Feb. 12: T-Mobile Wins Court Approval for $26.5 Billion Sprint Takeover
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Deutsche Telekom AG wants to renegotiate the terms for the sale of Sprint Corp. to its U.S. wireless unit T-Mobile US Inc., according to people familiar with the matter.
The German carrier, the majority owner of T-Mobile, is seeking a lower price because Sprint’s shares have been trading below their level when the deal was proposed in 2018, said the people, who asked not to be identified as the deliberations are private.