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Sprint Gears Up for Battle After T-Mobile Merger Talks Collapse

Debt of $38 billion, investment needs weigh on company
SoftBank pledges to acquire more shares in open market

Bloomberg’s Taylor Riggs reports on the collapse of merger talks between Sprint and T-Mobile.(Source: Bloomberg)

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By Scott Moritz, Pavel Alpeyev, and Molly Smith

November 6, 2017 at 1:04 PM UTC

Updated on

November 6, 2017 at 8:12 PM UTC

This article is for subscribers only.

Sprint Corp.’s lifeboat sailed away, and now it’ll sink or swim on its own.

With deal talks with T-Mobile US Inc. officially over, Sprint can’t count on a big merger to take care of its troubles. The unit of SoftBank Group Corp. has to invest in its long-starved network, address its $38 billion in debt and figure out a way to gain subscribers without losing money.