T-Mobile, Sprint May Be Getting Close To A Merger

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T-Mobile and Sprint appear to be edging ever closer to a merger, with a new report from CNBC suggesting the two companies could announce a deal in late October or early November.

Combining America’s third- and fourth-largest wireless carriers would leave the country with just three nationwide providers, including AT&T and Verizon. But a proposed merger between Sprint and T-Mobile could face a tough test before regulators, particularly as many policymakers (and consumers) have been expressing some concern about the consolidation of large, powerful industries.

(c) 2017, The Washington Post ยท Brian Fung

{Matzav.com}

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