Sprint hints at deal prospects, shares surgeSprint Corp shares jumped more than 10 percent on Tuesday after its chief executive said an announcement on merger talks should come in the “near future” and the company reported a quarterly profit for the first time in three years. The No. 4 U.S. wireless carrier, majority owned by Japan’s SoftBank Group Corp, is exploring options including a merger with rival carrier T-Mobile US Inc as well as a tie-up with cable provider Charter Communications Inc. While Sprint has cut costs, analysts have said the company is highly leveraged.

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