what could it mean for the future of sprint?ot tracee carrascas with all the details. reporter: sprint merger talks on hold and now entered into a two month period of negotiations with chartering comcast. a deal between sprint and the two cable companies could though than a partnership announced last month. comcast is dirty and the plans using its wi-fi hotspots in the airwaves of verizon communications. insiders say comcast and charter are in talks with sprint to secure similar network resale agreement on better terms possible using sprint as their primary wholesaler for wireless airwaves of the financial boost for sprint which hasn't had a problem all year since 2006. "the wall street journal" reported the negotiations said that chartering comcast as part of the agreement and spread. another scenario but more likely chartering comcast. the talks between sprint, chartering comcast and wireless industries need to do more to remain competitive. cheryl: we are watching a global market. over to a shed. the nikkei just a fraction of

and t-mobile sprint shares are up this morning. again, the journal first reporting on these exclusive talks between sprint, comcast and charter together and i've confirmed they are focused on an mvno agreement they're about halfway through a 60-day exclusive negotiating period sprint has not been negotiating with its long thought to be adventure partner with t-mobile, whose shares are down about 3% right now. it has the help of sending a signal other things we can be thinking about here don't get too crazy what your ask will be. comcast or charter could take a significant equity stake in sprint and highly, highly unlikely they would ever consider buying it, at least at this point this landscape is changing quickly and perhaps in a couple of years there will be a different viewpoint from the likes of a comcast or charter. you can see both stocks moving in opposite directions. >> we'll keep an eye on a couple of smaller names goldman has a note on shake shack in which they argue because of the company's northeast presence and because

even the minority stake in sprint is unlikely.cussions have been about using the wireless networks in a similar way to how they currently use for eisen's network. -- verizon's network. this has nothing to do with m&a. it is a mobile virtual network operator. comcast and charter already have an agreement set up like this with verizon. it allows comcast and charter to sell verizon's wireless service and bundled the service with current offerings of internet, home, phone, and tv. we have known about this for a while now. what is potentially new here though is that sprint and the cable companies would have had an exclusive lock up period for so long. this is interesting because it does indicate that sprint thought they could work out some sort of equity deal or acquisition with the cable companies. what i'm hearing is that it is probably not going to happen. vonnie: great piece of reporting. alex, thank you. that our m&a reporter out sherman. -- alex sherman. anna: casting doubt on the senate gop health bill. we will look at the key f

gives a lot of color as to what sprint would want, what comcast and charter would want from sprint theikelihood of an all-out sale i'm sure david faber will have more on this later >> i think the big headline is that it puts the t-mobile sprint deal on hold >> something everyone was expecting? >> less hoops to get over, so that was something that was possible before but now will not happen for whatever reason. >>> hedge fund paulson and company upping the stake in valeant to 6.3%. this a week after john paulson joined valeant's board >>> general motors is trimming its new vehicle sales outlook for the year the company is now expecting sales to be in the low 17 million range affecting a widespread expectation that the industry is headed for a down turn. >>> shares of western digital slipping after they issued revenue guidance that fell short of estimates western digital said it teamed up with kkr to resubmit a bit for toshiba's chip unit. >>> ibm is building a block chain base platform for seven banks including hsbc and deutsche bank it will simplify transaction force small and medium s

that is your bloomberg is this flash sprint and t-mobile -- sprint and t-mobile to -- merger work topen, it may not be financing. this is bloomberg. ♪ ♪ this is bloomberg markets, i am vonnie quinn. takes ag m&a reporter closer look at the potential merger between sprint and t-mobile. he has some exclusive reporting and will tell us what kinds of terms are being talked about. is too early to know if sprint and t-mobile will attempt a merger. according to several sources i have spoken to, they have kicked around deal structure ideas. one idea that has been talk about may make some investors or wall street banks unhappy. this is a stock for stock merger, all stock merger, where the sides would set an exchange ratio, giving deutsche telekom a slightly higher interest in the combined company then softbank. deutsche telekom owns about 65% of t-mobile and softbank owns more than 80% of sprint. in the structure, georgia telecom would want to consolidate the combined holdings of the companies to make their earnings on their balance sheet and allowed go to telecom to control the entity -- deu

la seÑora olga ha sido clienta de sprint por aÑos y dice que nunca tuvo problemas con la compaÑa. caro. entonces fui a la tienda." en la tienda una representante revis su cuenta y le dijo que estaba pagando por 4 lneas telefnicas y no tres tal y como crea olga. sot 00:02:05 "por eso cuando ella me dijo que eran 4 le dije no y dice si son el area 408 y yo nunca he tenido area 408.. efectivamente ese telefono no esta en uso entonces por que me estan cobrando?... cual iphone? nosotros no tenemos ningun iphone. doÑa olga insiste que nunca pidi el cuarto servicio telefnico y pese a esto, dice que sprint no le quera reembolsar lo que ella haba pagado por dicha lnea. cansada de insistir, decidi llamar a telemundo 48 responde y luego de que contactamos a sprint, nos comunicaron lo siguiente. graphic "sprint toma muy en serio la seguridad de nuestros clientes y por eso los motivamos para que nos notifiquen inmediatamente si sospechan de alguna actividad fraudulenta en sus cuentas." y aseguraron que luego de una investigacin, determinaron que no haba ninguna actividad irregular en el caso d

>> when i saw it was sprint, i knew it wasn't the case. >> reporter: that's because they're not sprint customers. >> my first thought was, this has been a mistake, let's just return them. >> reporter: they called sprint. >> you need to call the order support department. >> reporter: the order department referred them to the fraud department. >> we calledthe sprint store, they said they wouldn't take them back because they hadn't sold them to us. >> reporter: what started as a nuisance turned serious when john received a bill for $3,900. john said he never ordered two phones. sprint asked for the password on his account. >> i said i don't have an account, how can i have a password if i don't have an account. >> and it just went around and around. >> reporter: we contacted sprint and found out that someone had stolen john's identity. two were delivered here, two to a stranger. >> reporter: sprint tells us, we take the security of our customers very seriously and are constantly working to update our security and detection methods to stay ahead of the latest mets used by fraudsters, and wi

>> when i saw it was sprint, i knew it wasn't the case. >> reporter: that's because they're not sprintrs. >> my first thought was, this has been a mistake, let's just return them. >> reporter: they called sprint. >> you need to call the order support department. >> reporter: the order department referred them to the fraud department. >> we calledthe sprint store, they said they wouldn't take them back because they hadn't sold them to us. >> reporter: what started as a nuisance turned serious when john received a bill for bill fl john said he never ordered two phones. sprint asked for the password on his account. >> i said i don't have an account, how can i have a password if i don't have an account. >> and it just went around and around. >> reporter: we contacted sprint and found out that someone had stolen john's identity. two were delivered here, two to a stranger. >> reporter: sprint tells us, we take the security of our customers very seriously and are constantly working to update our security and detection methods to stay ahead of the latest mets used by fraudsters, and wiped out

a sprint deal would allow cable companies to deal with they can do with verizon.er has not started doing this what it could do it later on. the difference would be the sprint deal would come with new terms, maybe cheaper terms to the cable companies. you may be able to get an unlimited wireless service bundled with your current products through sprint network. whereas maybe you could not get that with the current deal with verizon. this would mean that you have to sign up for wireless service through your cable company, rather than signing up through verizon or sprint. how many people will this affect? we do not know, probably not many. pipelinesy future, french, would it be possible for comcast and/or charter to upgrade? >> a good and that is the argument for why these companies have talked to sprint. g, network, it may be worth an acquisition and that maybe the thinking of what john malone, the charter biggest shareholder, is coming to the table with. do not expect a deal to happen with either comcast or charter. or both. vonnie: both -- great stuff as we wait f

thanks so much for phoning in. >> thank you for having me >> what would this mean for sprint >> for sprintifference dance partner than what many likely differented was t-mobile it gives them another chance which is obviously the position you want them to be in many think that sprint was really back against the wall and many thought if t-mobile were to happen it would essentially be a take-under this brings that into significant question >> what is the most likely option, "the wall street journal" is making it sound like the investment by charter and comcast into the network would be the most likely option for sprint which i would imagine would be a great thing since sprins really needs to, i mean all the carriers need to spend money for 5g but they really need to improve their penetration in the city >> i don't follow the cable sector but i think this would be a great scenario for sprint. obviously they're backed by coming from comcast and charter, two very strong and deep balance sheets but for strength, what sprint brings to the table, think of sprint as an old house with great bones tha

sdook looking at cable tie-up with sprint and charter. this way the cable companies wants airwaves with sprint and you can bundle it all and that's more voll ubl to consumers. that's why they're interested and sprint they need to boost share price and share price and make investor's happy they have not been profitable since 2006. and there was discussions of these companies buying sprint outright. it's an option though less likely. and the talks sprints was having with t-mobile they appear to be done. >> all right. work to be done there as well. let's answer the first question we x how often are millen equals spending on f food. >> five times a way. i fought millennials for a lot of thimingz but not for for this. >> going to starbucks and going to bar and eating out ordering in whatever not cooking. five times a week. this is caeting really bad financial habits how do you save when you spend so much money by doing these things. it's so easy. there's a starbucks on every corner in big city and i grub hub and yelp and other options where yo

sprint could be dialing up a new deal. the telecommunications company reportedly entering talks to charter comcast for a new wireless service plan. ♪ when i received the diagnosis, i knew at that exact moment, whatever it takes, wherever i have to go...i'm beating this. my main focus was to find a team of doctors that work together. when a patient comes to ctca, they're meeting a team of physicians that specialize in the management of cancer. breast cancer treatment is continuing to evolve. and i would say that ctca is definitely on the cusp of those changes. patients can be overwhelmed ... we really focus on taking the time with each individual patient so they can choose the treatment appropriate for them. the care that ctca brings is the kind of care i've wanted for my patients. being able to spend time with them, have a whole team to look after them is fantastic. i empower women with choices. it's not just picking a surgeon. it's picking the care team, and feeling secure where you are. surround yourself with the team of

and if sprint and t-mobile merge, it's harder to get that deal with sprint and t-mobile.o, they've effectively hedged for what happens if sprint and t-mobile merge we need something to keep verizon honest meanwhile, sprint has hedged to say, if a deal doesn't happen with t-mobile, we'd like to have at least a few other irons in the fire, and it does give us more negotiating leverage when we sit down at the table with t-mobile going forward. >> as always, great to have you on, craig. craig moffett, appreciate it. >> my pleasure. >>> we're just two weeks away from our 11th annual countdown of america's top states for business and as in just about everything else in our lives, these days, donald trump looms large as president, the white house cracking down on immigration, including the travel ban partially being upheld by the supreme court yesterday, is complicating an already intense battle for workers scott cohn is in one of the major battlefields, silicon valley, with a look at what's at stake. >> reporter: well, quite a bit is at stake, michelle. and really, in a lot of

up front, i tell you, sprint is the new cheap. fantastic for consumers.thing that's best and most concerned about is what does this mean for a potential merger with t-mobile, and the answer is that it means anything at all. this is a marketing experiment >> why do they have to do this at all if it's so clear, you look at the two companies, kind of eventually running into each other, why does sprint need to do this? >> because they still need a run a business as if it's an independent business the deal is going to face a tough road with regulators, if it does get agreed to, and there's a chance it breaks so you probably got a yearlong approval process at the end of the that, could be a no, and they have to be prepared for that. this is actually an interesting strategy if they end up in that situation, so there's a little company in france that did something like this. they do no marketing everything happens online. no stores. no advertising whatsoever. they put that in context, that, for sprint, is $4.5 billion in cost >> that they'd save. >> that they'd s

virgin mobile uses sprints towers. wherever there is good or bad sprint service that is also how good or bad virgin mobile will be.sprint is continuing to build out their network but it is widely considered to have the least coverage compared to the other big three carriers.and. sprint will give signal priority to sprint customers meaning if you're at a big public event they will dish out signal to the sprint phones before virgin mobile onesso if you frequent big public events like concerts, pro sports games, big festivals. you may want to shy away from virgin mobile. with your tech report gabe slate kron 4 news. ahead at eight.. johnny depp-- the latest celebrity to make a controversial comment about the president. and he says... he knew it would get a rise out of people. plus. a california father arrested --- now suspected as the killer of his five year old son. and next. another bombshell rocking washington... pointing to vladimir putin himself as the orchestrator of russian interference in the u.s. election... and

there has been talk about t-mobile teaming up with sprint. sprint is the one that is higher. mark: 90 minutes until the end of the tuesday session. the weaker dollar boy -- boosting basic resource stocks, but it is largely red we are seeing on our screen. we have seen draghi speak, we have had carney. yellen is in london. banking news comes thick and fast. the focus was on italy, today -- yesterday. today, it is on spain. spain looking to recoup the cost of bailing out these two nationalize lending -- nationalized lenders. the government looking to recover that 41 billion euros in funds it took in 2012 to prop up lenders under pressure from the country's real estate double burst. 2.6 billion in aid. 1.65 billion. given today is about inflation, i thought we would start with oil. the white line is the stoxx 600 oil index. the blue line is brent crude. shares have tumbled with oil over the last month. most analysts have avoided cutting price targets. this disparity could lead to another down draw should analysts start revising their targets lower. six petroleum companies are am

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it's for new sprint customers only.on't know if this meant to be a secret promotion.but so far there have not been any tv ads or big marketing campaigns for this promotion..the deal is online only. you can't go into a store and get this thorugh the website you have to order a sim card that costs $3.once that is mailed to you you plug it into your phone and go from there.. there's also a $30 activation fee that you initially pay, but a credit for that amount will appear two months later. beyond that, sprint charges a "standard $1.99 admin fee and $0.40 regulatory fee," and " they said other taxes and fees apply" so it's technically not free but really cheap you are getting a unlimited phone plan for somewhere between $2-$10 a month.. gabe slate /tech reporter says: can you leave sprint after the year is up ? yes. surprisingly, there are no catches with that.. you're not stuck on a contract, and are free to leave.after july 31, 2018, the prices go back to sprint's normal monthly rate of $60 for one line, $40 for a second

using sprint as their primary wholesaler for wireless airwaves. this would be a financial boost for sprint which has and had a profitable year since 2006 extract google is working to solve its own silicon valley housing crisis. the company is negotiating a deal with a modular home startup to build some 300 small possibly stackable housing units. those hopes will likely serve as housing for google workers. they are having a tough time finding affordable housing. the modular home should be -- could be a short-term solution. >> certainly for younger people i think that high density and walkable community product is something very attractive. >> housing experts say home construction companies have made tremendous strides in recent years the modular home construction and they say is far more efficient and less expensive than traditional housing construction. >>> a south bay city is considering a huge hike in its parking prices. the proposal that could nearly triple the cost. >>> it's cool and mild out there. fog back at the coast. the weekend is coming

we were able to be together, at&t, verizon, t-mobile, sprint. we were able to come in front and show the president why 5g and the internet of things are so useful for the future of america. we plan to invest $275 billion together and i think being able to show him with a light sale and the problem that we have as we try to deploy our infrastructure. >> we're looking at video right now of you with the president and some other people in the east room today. was this your first meeting with president trump? >> this is my first in-person meeting. i had a telephonic meeting when we announced 5,000 jobs. bring 5,000 jobs in person it was nice to give him a live demo and show him how we deploy the new 5g. >> he didn't give you a hard time for being a vocal supporter of hillary clinton, did he >> we did not discuss that. >> there's a surprise. you said you were going to give him a fair chance. how do you think he's done so far? >> i want to speak mainly nicely, he wants to continue two weeks. i'm pleased we had everybody in the administration, secretary

sprint will give signal priority to sprint customers meaning if you're at a big public event they willout signal to the sprint phones before virgin mobile onesso if you frequent big public events like concerts, pro sports games, big festivals. you may want to shy away from virgin mobile.with your tech report gabe slate kron 4 news. (jr stone) for those that love to use the social networking app, snapchat. the company released a new feature called 'snap map' -- it allows snapchat users to share their location with their friends. reporter, sara zendehnam tells us why users need to be careful when using 'snap map'. snapchat graduates from puppy filters to connecting users all across the world.the new opt in snap map feature shares your location with your snapchat friends but does it cross a line?eunice gonzalez snapchat user "honestly i think it's kind of creepy people can actually see you when you zoom it people can see the houses and streets and everything." elena simon, snapchat user"it's kind of cool to see where people are but it's weird because of privacy reasons." privacy is the bi

(vo) get sprint unlimited. now, get iphone 7 for people with hearing loss, and get a second iphone 7 on us. visit sprintrelay.com. ♪ ♪ ♪ ♪ >> from abc7 news this is a breaking news alert. >> good morning, washington, i'm melanie hastings and that brooklyn on the beltway, a crash completely shutting down the inner loop. our susan -- suzanne kennedy is live on the scene. >> suzanne. >> this is a situation that is just a mess. it all started on the inner loop of the beltway. this is between 174 and 173. >> two cars involved in this accident. one of them a nissan maxima with maryland tags. we believe that one person was ejected from that vehicle. traffic right now, it's a bad situation. at least a 7-mile backup through alexandria and and and loop of the beltway is an absolute parking lot. people getting out of their cars and walking around. th now at havertys furniture, it's our star spangled sale. now through july 10th, save up to one-thousand dollars in bonus discounts to cr