Sprint and T-Mobile may be on track to announce a deal that would merge together the nation’s fourth- and third-largest carriers on Sunday.

CNBC reports from sources that based on an agreed upon $6.50 share valuation for Sprint, the deal would be worth $26 billion.

Masayoshi Son, chairman of Sprint parent company SoftBank, ended combination negotiations with Deutsche Telekom, majority shareholder of T-Mobile, in November for fear of losing control of a combined foreign entity. It is speculated now that Son has warmed to a deal with a lowered corporate tax rate in effect and “an increased understanding of how much 5G deployment will cost sprint.” Son also is concerned about increasing competition from landline providers getting into wireless service.

There’s some concern that the deal won’t pass regulatory muster, even under a conservative-led administration. JP Morgan suspects that the Department of Justice may sour on scrutiny as it goes after AT&T and Verizon for allegedly colluding against carrier unlocked eSIMs.

SoftBank owns just under 85 percent of Sprint while Deutsche Telekom has a little less than 67 percent of T-Mobile’s shares.

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