Charter Communications declines a merger with Sprint
Ed Adamczyk, United Press International Writer STAMFORD, Conn./OVERLAND PARK, Kan. (UPI) -- Charter Communications Inc. ended speculation it would acquire Sprint Corp., announcing it would not seek a merger between media companies. Japanese telecommunications and Internet company SoftBank Group, whose U.S. subsidiaries include Sprint, proposed the deal. It called for a merger of Sprint and Charter, controlled by SoftBank. The new company would then attempt to purchase T-Mobile U.S. Inc., Bloomberg News reported Monday, citing sources close to negotiations. The deal would merge Sprint's wireless […]
