Mobile and Sprint are in active talks about a merger

Sprint Corp surges on reports of T Mobile merger talk

The talks right now are being classified as "active", according to CNBC's sources, although with as long as the two have been courting, the term seems nearly anticlimactic. As far back as three years ago, Softbank made an attempt to acquire the T-mobile parent but had to abandon the idea on the heels of USA antitrust concerns.

The post Sprint Corp (S), T-Mobile US Inc (TMUS) Stocks Pop on Merger Chatter appeared first on InvestorPlace.

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Shares of T-Mobile and Sprint are both spiking after CNBC reported that the two wireless carriers are reportedly in talks of a possible merger for the third time.

Nothing is set in stone at this point, however, as sources say negotiators are still weeks away from finalizing a deal. This would make Sprint-owner, SoftBank a large minority owner in the combined company. T-Mobile, led by its charismatic president and CEO John Legere, has become the most innovative of the four.

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That said, sources also note that Softbank boss Masayoshi Son certainly wants a say in how the merged company is run - a desire that no doubt adds an additional layer of complexity to the deal. But there's another level to this as well. CNBC reported today that Sprint parent SoftBank and T-Mobile majority owner Deutsche Telekom have been engaged in talks about a deal involving a stock swap that would allow Deutsche Telekom to be the majority owner of the combined company. The deal would have to be approved by the Department of Justice, which would no doubt include a lengthy review process and a highly probable risk of rejection. T-Mobile and Sprint are now the third and fourth largest USA wireless providers, respectively.

Of course, even if such a deal could be struck, the marriage of two of the nation's largest wireless companies would undoubtedly have regulators salivating.

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