Son's pledge to Trump to invest $50 billion in the United States and create 50,000 jobs was light on details but spoke to the president’s election promise to boost economic growth by making deals with individual companies, rather than through complicated trade deals.
Last month, Sprint CEO Marcelo Claure said an announcement on merger talks should come in the “near future.”
Sprint had approached cable company Charter Communications Inc about a potential merger earlier this year, but quickly abandoned that effort.
AT&T is in the process of getting its own transformative deal, its $85.4 billion acquisition of media conglomerate Time Warner Inc approved by U.S. regulators.
This article was provided by Reuters.