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

2014 iPad iPhone iPod Buyers' Guide from iLounge.com

News

Report: Sprint seeks to acquire T-Mobile

Author's pic

By Phil Dzikiy

News Editor, iLounge
Published: Monday, December 16, 2013
News Categories: iPhone

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 section entry.

Email:

Recent News

Recent Reviews

Recent Articles

Shop for Accessories: Cases, speakers, chargers, etc.