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Exclusive: T-Mobile, Sprint make progress in talks, aim for deal next week – sources

The combined company would have more than 127 million customers and could create more formidable competition for the No.1 and No.2 wireless players, Verizon Communications Inc and AT&T Inc , amid a race to expand offerings in 5G, the next generation of wireless technology. T-Mobile majority-owner Deutsche Telekom and Japan’s SoftBank Group Corp , which controls Sprint, are considering an agreement that would dictate how they exercise voting control over the combined company, two of the sources said. …read more […]

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Amazon surprises Wall Street with huge profits, optimistic outlook

In addition, Amazon and the U.S. National Football League announced a deal to stream Thursday night games during the 2018 and 2019 seasons on Amazon’s Prime Video. Amazon’s shares rose 6 percent in after-hours trade. Seattle-based Amazon is winning business from older, big box rivals by delivering virtually any product to customers at a low cost, and at times faster than it takes to buy goods from a physical store. …read more […]