According to a report from Reuters, Sprint and T-Mobile are moving forward with their merger and are expected to clinch a deal as early as next week.
EXCLUSIVE: T-Mobile and Sprint aim to clinch deal as early as next week – sources pic.twitter.com/cNECVSz7QV
— Reuters Business (@ReutersBiz) April 26, 2018
CNBC followed that up with a look at the end of day stock markets noting that both companies had taken a jump up.
BREAKING: T-Mobile, Sprint jump after-hours; Reuters reports the mobile phone carriers have made progress in negotiating a deal and aim to announce one by next week. https://t.co/81CEi5DyXx pic.twitter.com/7jiipByKgu
— CNBC Now (@CNBCnow) April 26, 2018
We will continue to follow the developments and bring you updated, in-depth information on the potential merger.