[carnagii]

> Sprint is the one doing the buying. Rather, Softbank.

It is a merger, but Softbank will get a smaller stake than DT. "The new company will be about two-thirds owned by T-Mobile shareholders and one-third Sprint, with board representation in line with economic ownership, one of the people said." https://www.cnbc.com/2018/04/27/t-mobile-sprint-merger-near-...

There is a decent picture about half way down in this article: https://www.digitaltrends.com/mobile/t-mobile-sprint-merger/

Softbank is selling at a loss here according to earlier reports that they paid $21.6B for a 72% share in Sprint https://newsroom.sprint.com/sprint-and-softbank-announce-com... and the merger values Sprint at $26.5B, of which 72% would be $19B.