Sprint Corp. and T-Mobile US Inc. officially called off their merger Saturday, ending months of talks about a tie-up that would have united the nation’s No. 3 and No. 4 wireless carriers.
The decision came after Sprint Chairman Masayoshi Son, Sprint CEO Marcelo Claure, T-Mobile CEO John Legere and Tim Höttges, CEO of T-Mobile parent Deutsche Telekom AG, met for dinner at Mr. Son’s house in Tokyo to try to reach a final agreement, a person familiar with the matter said.
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