Sprint, T-Mobile call off merger after months of talks
But firms' joint announcement on cancelled negotiations could indicate they still recognise merits of an alliance
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SPRINT Corp and T-Mobile US Inc said on Saturday they have called off merger talks to create a stronger US wireless company to rival market leaders, leaving No 4 provider Sprint to engineer a turnaround on its own.
The announcement marks the latest failed attempt to combine the third- and fourth-largest US wireless carriers, as Sprint parent SoftBank Group Corp and T-Mobile parent Deutsche Telekom AG, show unwillingness to part with too much of their prized US telecom assets.
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