Reports suggest Sprint would pay $32 billion for T-Mobile

Sprint Corp. reportedly has worked out many of the terms for a $32 billion deal to acquire T-Mobile US Inc., conflicting and unconfirmed accounts said Wednesday.

Reports by Bloomberg News, The New York Times and The Wall Street Journal agreed that the deal would have Overland Park, Kan.-based Sprint acquire controlling interest in the smaller T-Mobile. They disagreed about some of the details, including the degree to which T-Mobile’s parent company, Germany-based Deutsche Telekom, would remain a stockholder after a merger.