Sprint and T-Mobile US to amend terms of long-awaited merger

Sprint owner SoftBank Group to reduce its major stake to 24%

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T-Mobile and Sprint have spent more than seven years pursuing a consolidation.(Source photos by Reuters)

Nikkei staff writers

TOKYO -- SoftBank Group announced on Friday that its subsidiary Sprint and T-Mobile US will amend parts of their merger agreement, in a move to reflect the current stock value.

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