Sprint Eyeing $32 Billion T-Mobile Deal

Under preliminary terms of the reported deal, Sprint is likely to pay around $40 per share for T-Mobile, valuing the company's equity at close to $32 billion. Sprint would also assume T-Mobile's net debt of about $9 billion, adding to its ever-burgeoning debt load, which at the end of Q1 2014 was $26.6 billion.