A deal could boost the cable companies' wireless service.

By Reuters
June 26, 2017

Sprint s is in exclusive talks with Charter Communications chtr and Comcast cmcsa to explore a deal that could boost the cable companies’ wireless service, The Wall Street Journal reported, citing people familiar with the matter.

Sprint Chairman Masayoshi Son had entered into a two-month, exclusive agreement with the companies for discussions through late-July, holding merger talks with T-Mobile US Inc, the WSJ said on Monday. In April, Comcast unveiled a wireless service with an unlimited data plan, making it the first major U.S. cable provider to enter the highly competitive wireless market.

Sprint, Charter and Comcast were not immediately available for comment.

SPONSORED FINANCIAL CONTENT

You May Like