Sprint and T-Mobile are hoping to get it right this time.
The two wireless carriers are nearing a deal to merge, according to two people briefed on the matter, and an announcement could come as soon as this weekend.
The companies were at the bargaining table twice before, most recently last year. If a deal goes through now, it will create a wireless giant with more than 127 million customers — large enough to challenge Verizon and AT&T, which have long dominated the market. As a result, three companies would control almost the entirety of the U.S. wireless industry.
WOMAN SUES SOUTHWEST OVER ENGINE DISASTER
PHILADELPHIA >> A passenger who says she’s been suffering from post-traumatic stress disorder since an engine exploded on a Southwest Airlines flight is suing the airline and the manufacturer of the engine. The lawsuit by Lilia Chavez filed Thursday in federal court in Philadelphia alleges negligence by Southwest and engine maker CFM International. Chavez says she was sitting three seats behind a window that shattered after the engine exploded on Flight 1380 on April 17 and resulted in a passenger’s death.