HC desires to look at 'Padmavat' earlier than determination on Bhansali FIR
Is Zuma Lost? SpaceX Said Its Rocket Did Everything Right
Walmart to raise starting wages, give $1000 bonuses
Ford Announces Diesel Option for F-150
Nvidia Revs Up CES Consumer Tech Show With Autonomous Car News
Sprint and T-Mobile merger has reportedly been dropped
31 October 2017, 12:33 | Lionel James
Report: Softbank to nix pending Sprint and T-Mobile merger deal
While the telecom sector has shrunk overall in 2017, some analysts see a future for both T-Mobile and Sprint. The pair had reached a broad agreement to integrate T-Mobile and Sprint - the third- and fourth-largest carriers in the US - and were ironing out such details as the ownership ratio.
"Whether or not those issues on governance rise to the level of meaning the deal is off, is not clear", he added.
While merger talks have been underway for months, SoftBank board members raised their concerns in the last few days because it's now a make-or-break moment, with the sides very close to a deal, the person familiar with the matter said. T-Mo is also a little less bad, down $1.66, or 2.6%, at $61.30. According to the Japanese newspaper Nikkei, SoftBank and T-Mobile owner Deutsche Telekom couldn't agree on ownership terms for the combined entity.
Sprint's shares were down 9 percent at $6.36 and T-Mobile fell 4.3 pct to $60.35.
Patriots linebacker Dont'a Hightower out for the season Despite shopping himself around the free agency market, Hightower returned to New England for $35 million and four years. Safety and defensive Devin McCourty said adjusting without Hightower is something the defense must do collectively.
SoftBank is expected to approach T-Mobile owner Deutsche Telekom as early as Tuesday to propose ending the negotiations. Or, Softbank could be hoping to revisit a potential merger should the carrier market change in a favorable way down the road.
Masayoshi Son, the founder and CEO of Tokyo-based telecom and Internet company SoftBank had always been looking for a deal to improve Sprint's position.
Sprint's stock fell as much as 11% in trading after the report. The merger discussions have gone through several fits and starts over a long period, and it's unclear whether the companies will ultimately return to the table, the people said.
Spain deny Mali another World Cup final
The match is nicely poised as the battle between football's two big virtues: Mali's relentless attack and Spain's resilience. England celebrated their first ever entry into the U-17 World Cup final and people back home were mightily impressed.
The Kardashians Re-Sign With E! for $150 Million
We are incredibly proud of our partnership with the Kardashians and they remain an important part of the E! family . Both Kylie and Khloe are said to be expecting but are keeping fans in the dark. "We created them", Khloe responded.
Astros' Gurriel suspended for racist gesture at LA's Darvish
Some top sports columnists urged Manfred to suspend Gurriel immediately while others said he should be let off the hook . Astros first baseman Yuli Gurriel is facing possible punishment after making a racist gesture during the World Series .
Heyman | Dave Martinez is choice for Nationals manager
He has always been a rumored candidate for a step up to a managerial spot, and Washington will provide that opportunity. Martinez becomes the seventh full-time manager for the Nats since they moved from Montreal before the 2005 season.
Zach Miller Injures Left Leg On Overturned 25-Yard Touchdown
TE Zach Miller landed awkwardly on his left leg on an apparent 25-yard TD catch and was carted off the field in the third quarter. What are your thoughts on Miller's touchdown catch getting called back after suffering from that nasty injury?
Las Vegas shooter's laptop missing its hard drive
Investigators have also learned that Paddock bought software that erases files from a hard drive, but it's unclear if he used it. Bruce's brother Stephen killed at least 58 people and injured several hundreds on the night of Oct 1 in Las Vegas.
Iraqi forces push into last IS stronghold in western Iraq
Investigations into another 302 files, which were submitted to the coalition's office in the same month, are going on. The Coalition and our partner forces in Iraq and Syria take extraordinary care to protect the civilian population.