Sprint To Buy T-Mobile In 2014?

Rumor has it that Sprint, the third largest mobile carrier in the U.S is planning to place a bid to purchase the fourth largest carrier T-Mobile in a deal worth more than $20 billion. If this happens, the mobile wireless market of the United States would no doubt be dominated by three large telecom firms, AT&T, Verizon Wireless and Sprint.
In a quote from a Wall Street Journal article:

Sprint is studying regulatory concerns and could launch a bid in the first half of next year, the people said. A deal could be worth more than $20 billion, depending on the size of any stake in T-Mobile that Sprint tries to buy.

Although there is a possibility but it has not been decided on yet. Remember how T-Mobile turned down the $39 billon from AT&T just 2 years ago?

Stanley Ume

Hi there, my name is Stanley. I spend most of my time learning new technology and doing freelance web design. If this article helped you, please use the comments box below ?. You can connect with me using the social icons below:

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