Sprint and T-Mobile have been negotiating a deal to buy out the remaining assets of each other’s business divisions, a step that could give each of the three companies the opportunity to take on more profitable and aggressive acquisitions.
The acquisition deal for T-Mo is expected to close in the first half of next year, according to people familiar with the matter, though the timing and the exact terms of the deal remain uncertain.
Sprint has a smaller business, but that could change if the acquisition goes through, as it did in 2014 with T-Mob.
It could also change if T-mo sells its remaining assets, as happened last year when AT<m acquired T-mobile for $2.5 billion.
The T-MO deal, which closed in April, allowed Sprint to use the Sprint assets to expand its footprint in the U.S. and in other markets.
Sprint could also use its remaining wireless assets to bolster its wireless services and add new products and services, these people said.
The deal also gives T- Mobile greater control over its assets, the people said, while AT>m will continue to retain some of its businesses, including its wireless business.
Sprint and AT&mdt declined to comment.
AT&m has been working with T Mobile on an agreement for several months, and has begun to discuss a potential sale, the sources said.
AT <m has also begun discussions with Sprint on a deal, these sources said, adding that Sprint’s current offer of $6.5 to $7 per share for T Mobile could increase if it wins the AT&mgs takeover.
Sprint’s stock is up more than 70% this year, but is still down nearly 25% since its IPO in October 2016.
T-Mart has been making big moves this year.
In January, the retailer said it would buy rival Walmart.
The retailer said the deal would be valued at more than $2 billion.
On Tuesday, T-mart also announced that it would close its stores in the Los Angeles area, the Atlanta market and New York, and the company also said it will shutter about 200 stores.
The company also plans to make cuts in its workforce in Atlanta and New Jersey and said it expects to hire about 1,000 people in those states.
In addition, T mart said it is closing locations in Florida and Ohio.
On Monday, T andamp;amp said it has raised $1 billion from private investors, and expects to raise another $800 million through a new round of debt.
AT andmdt said it had raised $3 billion in a Series A round in December.
ATMDt shares have been down more than 10% this month, but the company’s stock has risen more than 16% over the last year.
ATM dined with President Trump in Florida last month.
Trump was at the dinner hosted by the Republican National Committee, which hosted the dinner on Jan. 3, according a source familiar with TMDt’s plans.
Trump and his wife Melania Trump also attended.
AT MDT is also in talks with AT&mt, but those talks have been quiet for the last several months.
TMDT said it was “discussing with all our strategic partners to continue to engage in the strategic process of our merger,” the people told The Wall St. Journal.
ATGM shares have fallen about 20% this week.
ATgm is in talks to sell its remaining businesses, but these people told the Journal that the company remains focused on the merger.
“We’re working very closely with our strategic team to finalize our strategic plan, which is a great success story for the company,” the person said.