"We understand why a deal is attractive for SoftBank, but Charter has no interest in acquiring Sprint," a Charter spokesman said in an emailed statement on Sunday. "We have a very good MVNO relationship with Verizon Communications Inc and intend to launch wireless services to cable customers next year," the Charter spokesman said. SoftBank's interest in Charter also shows it is looking for alternatives to strengthen its negotiating hand in Sprint's negotiations with T-Mobile, analysts said. "This could be a way to gain leverage in a T-Mobile deal," Macquarie analyst Amy Yong said of Son's pursuit of Charter on Sunday. 1 U.S. wireless carrier, also expressed interest in a takeover of Charter earlier this year, sources have said.

Source: New York Times July 31, 2017 05:48 UTC