|Bid||0.000 x 256000|
|Ask||0.000 x 256000|
|Day's Range||16.600 - 16.710|
|52 Week Range||13.900 - 18.130|
|PE Ratio (TTM)||259.95|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
T-Mobile US Inc.'s parent company, Deutsche Telekom AG, is preparing a merger offer for Sprint Corp., German-language business newspaper Handelsblatt reported Tuesday . According to a translation, Handelsblatt, citing sources close to Deutsche Telekom's management, reported that the German telecommunications company (German stock exchange Deutsche Börse: DTE) would acquire Sprint in an all-stock deal. As of 1 p.m. CDT, Sprint's stock (NYSE: S) jumped three percent to $8.16 — just 15.4 percent away from its 52-week high of $9.65.
If a Sprint Corp. merger with T-Mobile US Inc. happens, would-be lenders might be stuck on the sidelines.
Deutsche Telekom (DTEGn.DE) is optimistic about the regulatory environment in the United States under the Trump administration. T-Mobile US (TMUS.O), which is controlled by Deutsche Telekom, is at the center of M&A speculation. Three years ago, Sprint Corp (S.N), which is controlled by Japan's Softbank (9984.T), walked away from buying T-Mobile US after regulators indicated that such a deal would not be approved.