Sprint CEO says major deal or merger likely
Sprint CEO Marcelo Claure said the company is close to an announcement about its future and that he expects it to include a merger or other deal.
“We’ve had enough conversations to start making choices soon,” Claure said during a conference call with reporters.
His comments came after Sprint announced its first quarterly profit in three years, earning $206 million in April, May and June.
Claure said Sprint and its parent company, Tokyobased SoftBank Group Corp., have been in talks with many potential partners and that the list included wireless rival T-Mobile US and its parent firm, Germany-based Deutsche Telekom.
He specifically dispelled as “not factual” previous unconfirmed reports that Sprint had broken off talks with T-Mobile to pursue exclusive talks with cable companies Charter Communications and Comcast.
Other talks have involved companies not in the wireless industry, Claure said, adding that he expected a deal in the near future.
“We should be able to strike a deal with one of the different players,” Claure said.