Sentences with phrase «rekindle merger talks»

His investment pledge in December had revived speculation that telecoms firm Sprint, 83 % owned by SoftBank, might rekindle merger talks with T - Mobile US Inc that had died under pressure from U.S. regulators.

Sprint's stock has surged 26 % since The Journal reported on April 10 that the two companies had rekindled merger talks, while T - Mobile's has risen 8 % over the same period.

Not exact matches

The investment pledge would help create around 50,000 new jobs as well as rekindled speculations that Softbank's Sprint, one of the country's biggest telecoms with 82 percent shares owned by Softbank, would renew its merger and mobile deals talks with T - Mobile US, Inc. that died due to pressure from regulators.