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The Wall Street Journal: Sprint explores wireless deal with Comcast, Charter

Sprint Corp. has entered into exclusive talks with Charter Communications Inc. and Comcast Corp. as the cable companies explore a deal that could bolster their plans to offer wireless service, according to people familiar with the matter.

Sprint Chairman Masayoshi Son and the cable firms have entered into a two-month, exclusive agreement for discussions through late July, putting merger talks with T-Mobile US Inc. TMUS, -0.39% on hold, the people said.

One arrangement that has been considered is for Charter and Comcast CMCSA, +0.23% to invest in improving Sprint’s network in exchange for favorable terms to offer wireless service using the carrier’s network, the people said.

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