Report: Sprint seeks to acquire T-Mobile | iLounge News

News

Report: Sprint seeks to acquire T-Mobile

Sprint is “working toward a possible bid” for T-Mobile, the Wall Street Journal reports. It’s noted the deal could be worth more than $20 billion. An approved deal would preserve Sprint’s status as the third largest carrier behind Verizon and AT&T, but up its subscriber count to 53 million postpaid customers. However, former antitrust officials said the government would be “very wary” of such an acquisition. AT&T’s attempt to acquire T-Mobile in 2011 was abandoned after the Department of Justice moved to block the merger; a merger with Sprint would not as radically change the competitive landscape.

« Sprint intros 4G LTE in 70 new markets

iLounge Weekly arrives Monday, giveaway update »

Related Stories

Comments

If you have a comment, news tip, advertising inquiry, or coverage request, a question about iPods/iPhones/iPad or accessories, or if you sell or market iPod/iPhone/iPad products or services, read iLounge's Comments + Questions policies before posting, and fully identify yourself if you do. We will delete comments containing advertising, astroturfing, trolling, personal attacks, offensive language, or other objectionable content, then ban and/or publicly identify violators.

Commenting is not available in this channel entry.
Sign up for the iLounge Weekly Newsletter

Email:

Recent News

Recent Reviews

Recent Articles

Sign up for the iLounge Weekly Newsletter

Email:

iLounge is an independent resource for all things iPod, iPhone, iPad, and beyond.
iPod, iPhone, iPad, iTunes, Apple TV, Mac, and the Apple logo are trademarks of Apple Inc.
iLounge is © 2001 - 2014 iLounge, Inc. All Rights Reserved. Terms of Use | Privacy Policy