Sprint is seeking to merge with Charter Communications to create a media and communications behemoth, according to a report from The Wall Street Journal, citing people familiar with the situation. Sprint is looking to offer bundle deals to customers with cellular-phone service, TV, landline and broadband internet service, the Journal said. The proposed combination of Sprint with Charter would merge the fourth-largest U.S. wireless carrier with the second-largest U.S. cable company. Charter and Comcast had both reportedly been talking with Sprint about various deals, with an exclusivity window closing this past week. Read the full report from The Wall Street Journal.

Source: Wall Street Journal July 29, 2017 15:22 UTC