Tara Lachapelle, Columnist

Sprint: Here We Go Again on Our Own

Investors are being asked to put their trust in the nebulous vision of a billionaire halfway around the world.
Photographer: Kiyoshi Ota/Bloomberg
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Good luck, Sprint Corp. You're going to need it.

This year has been an emotional drain for shareholders of the Overland Park, Kansas-based wireless carrier, which has lost value practically by the day. Its Japanese chairman, Masayoshi Son, repeatedly dangled a salve in front of them -- a merger with T-Mobile US Inc. -- only to yank it away on Saturday, seemingly for good this time.