Sprint reportedly has entered exclusive talks with cable companies Charter Communications and Comcast on a potential wireless-services deal, CNBC has confirmed. The talks would seem to put Sprint’s negotiations for a potential merger with T-Mobile on hold.
Sprint and Charter declined to comment when contacted by CNBC, whose parent company, NBCUniversal, is owned by Comcast. The Wall Street Journal reported on the talks late Monday, citing people familiar with the matter.
Assumption are that the cable companies could take an equity stake in Sprint, or the talks could include the possibility of the cable companies jointly buying Sprint.