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US: A T-Mobile/Sprint merger threatens industry earthquake

By  |  December 16, 2013

Reports have emerged that major US wireless carriers T-Mobile and Sprint could be looking to merge – a major deal that would send shockwaves through the nation’s mobile industry and reduce the number of major carriers from four to three.

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    The Wall Street Journal first reported news that Sprint may be looking to bid on T-Mobile. The news coincides with Deutsche Telekom’s previously-announced plans to leave the US and divest its majority stake in T-Mobile.

    Reports point out, however, that any potential deal would face major antitrust scrutiny. An earlier buyout attempt by AT&T to acquire T-Mobile has already been blocked. But should a buyout attempt occur, reports say the bidding could reach up to $20 billion and would likely be made in the first half of next year.

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