WSJ News Exclusive | Sprint, T-Mobile Revise Merger Terms

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Deutsche Telekom would own 43% of the merger between Sprint and T-Mobile, while SoftBank would hold a 24% stake

Sprint Corp. and T-Mobile US Inc. have agreed on new terms for their merger, as the wireless carriers race to close the deal after overcoming a federal court challenge.

The parties will improve the exchange ratio in the all-stock deal for T-Mobile’s parent, Deutsche Telekom AG, the companies said in a written statement confirming an earlier Wall Street Journal report.

 

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