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Sprint, SoftBank Said In Informal Deal Talks With T-Mobile

Sprint’s last attempt to acquire to the crimson carrier fell apart in 2014 because of the difficulty of obtaining federal regulatory approval.

“Sprint Corp. has started preliminary conversations to merge with T-Mobile US Inc., the latest attempt to consolidate in a market watched closely by U.S. regulators, according to people familiar with the matter.”

Read the full story on Bloomberg.