Sprint potential partnership with Charter, Comcast

Published on: 27 Jun, 2017

Sprint Corp. (NYSE: S), the US wireless carrier, is in talks with Charter Communications Inc. (NASDAQ: CHTR) and Comcast Corp. (NASDAQ: CMCSA) about a potential partnership to boost the two companies’ wireless services.

Sprint is putting off its merger discussions with T-Mobile US Inc. (NASDAQ: TMUS) to enter a two-month period of exclusive negotiations with Charter and Comcast. The two cable providers agreed to their own partnership last month.

Comcast has already revealed its plans with Verizon Communications Inc. (NYSE: VZ) for a wireless service by using its Wi-Fi hotspots and Verizon’s airwaves. Comcast and Charter are now looking for a similar network deal with Sprint.

The Wall St Journal reported that the two cable operators were in preliminary talks to take an equity stake in Sprint as part of an agreement. The deal would allow Sprint to invest more in its own network. It would also increase competition in the market, which would take pressure off of antitrust concerns over a T-Mobile merger.


  • 3476Views
  • 0Comments

Recommend to Friends

  • facebook
  • Twitter
  • google plus
  • pinterest
  • Digg
  • stumbleupon
  • Reddit
  • linkedin

Austin Chiu

Email: Austin@financialinsiders.com


Sign Up for Weekly Updates

Opt-into our eNewsletter NOW! For the Latest Trending Financial News Topics in Cannabis, Tech, Biotechs, Precious Metals, Energy, Renewable Energy and much more!

Related Posts

20 Jun, 2017 3360
20 Jun, 2017 3597
21 Jun, 2017 3263
06 Jul, 2017 3767


There is no comment on this article