The head financial officer of mobile telco operator T-Mobile told reporters this week that a merger with Sprint seems like the next logical step to consolidate the US wireless market and launch a third-place carrier to rival the current top players, AT&T and Verizon.
T-Mobile’s Braxton Carter did not confirm whether the two companies were in merger talks, but described such a deal as “the logical ultimate combination,” describing the consolidation as “not a question of ‘if’ but ‘when.’”
AT&T launched an ultimately doomed bid to acquire T-Mobile in 2011; the deal was blocked by regulators on grounds the market needs four major wireless players.
Recently, however, T-Mobile has said that four top companies is not sustainable to the market, which would likely see a shift to just three major carriers in the near future.
Full Content: The Verge
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
UFC Reaches $375 Million Settlement in Antitrust Case
Feb 6, 2025 by
CPI
Brazilian Architecture Council Convicted of Antitrust Violations
Feb 6, 2025 by
CPI
Bipartisan Bill Seeks to Ban Chinese AI Software from US Government Devices
Feb 6, 2025 by
CPI
Senators Call for Investigation into RealPage Algorithm’s Impact on Military Housing Costs
Feb 6, 2025 by
CPI
ECB Seeks Faster Digital Euro Legislation Amid US Stablecoin Push
Feb 6, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – International Criminal Enforcement
Jan 23, 2025 by
CPI
The Antitrust Division’s Recent Work to Combat International Cartels
Jan 23, 2025 by
Emma Burnham & Benjamin Christenson
Information Sharing: The New Frontier of U.S. Antitrust Enforcement
Jan 23, 2025 by
Brian P. Quinn, Casey Kovarik & Michael Tubach
The Key Role of Guidelines on Exchanges of Information Among Competitors and the Divergent Transatlantic Paths
Jan 23, 2025 by
Rosa Abrantes-Metz & Albert Metz
Leniency, Whistleblowers, and Compliance
Jan 23, 2025 by
Richard Powers, Tara O’Malley & Cory Gordon