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The Wall Street Journal: Sprint and T-Mobile merger deal could be unveiled by Monday

Sprint Corp. S, +8.33% is nearing an agreement to combine with T-Mobile US Inc. TMUS, +0.66% , hoping that its third effort to unite the nation’s third- and fourth-largest wireless carriers will succeed.

The companies plan to announce the tie-up, which would value Sprint near its current share price—$6.50 at Friday’s close—by Monday, according to a person familiar with the matter. The discussions are continuing and could still fall apart—as they did the last time the two sides tried to strike a deal, the person said.

Sprint ended Friday with a market value of $26 billion, while T-Mobile’s was $55 billion.

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