Sprint resumes early talks on merger with T-Mobile
The logo of U.S. mobile network operator Sprint Corp is seen at a Sprint store in San Marcos, California August 3, 2015. REUTERS/Mike Blake /File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE - SEARCH 'BUSINESS WEEK AHEAD 24 OCT' FOR ALL IMAGES
Sprint Corp. has resumed preliminary talks about a potential merger with T-Mobile US Inc., people with knowledge of the matter said, as billionaire Masayoshi Sonexplores ways to build scale for a carrier facing increasing competition in the U.S. wireless market.
The two wireless operators restarted discussions after Sprint’s exclusive negotiating period with Comcast Corp. and Charter Communications Inc. expired at the end of July, according to the people, who asked not to be identified because the information is private.
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