constitution Communications says it has “no pastime” in merging with dash, after the Wall street Journal stated that sprint had proposed a deal. The proposed merger would have mixed sprint and constitution into a new publicly traded entity controlled by using SoftBank, which currently controls a majority stake in sprint.
If it had come to fruition, the deal might also have given sprint extra leverage in its ongoing merger discussions with T-mobile. In an e-mail to WSJ, despite the fact, charter spokesman Alex Dudley said that constitution would hang onto its existing mobile virtual community operator take care of sprint rival Verizon.
“We take into account why a deal is alluring for SoftBank, but constitution has no interest in acquiring sprint. we now have an outstanding MVNO relationship with Verizon and intend to launch cable valued clientele next 12 months,” Dudley wrote. (Disclosure: Verizon owns Oath, which in flip owns TechCrunch).
As one of the most greatest cable groups in the U.S., constitution is fashionable as an acquisition goal by using telecom organizations. prior this year it additionally reportedly became down an offer from Verizon. TechCrunch has contacted charter and dash for remark.
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