T-Mobile in talks with Sprint on merger, does not rule out lower price

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T-Mobile US Chief Executive John Legere on Thursday acknowledged talks are ongoi...

) to extend their merger agreement, but he declined to rule out requesting the $26 billion price be reduced.

“What I can say is yes we are having conversations as partners about whether and how long we move forward the date... and what if any items should be agreed between the parties in exchange for agreeing to extend those terms,” Legere said during a webcast to discuss next generation 5G wireless and other issues.

Sprint said it was not backing away. “We continue to be committed to completing the merger with T-Mobile,” Sprint spokeswoman Lisa Belot said in an email.

 

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