Sprint Mulls Takeover of T-Mobile

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Posted 3 years ago

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Sprint Mulls Takeover of T-MobileIn a possible bid to take over T-Mobile US, Inc., Sprint chairman Masayoshi Son is slated to meet with the FCC today.

Last year, Son’s Tokyo-based SoftBank Corp acquired Sprint. Sprint has been interested in combining with T-Mobile for years, in order to present stronger competition for bigger rivals AT&T and Verizon. Any such deal, however, would face an uphill battle in getting regulators’ approval at the FCC and the Justice Department.

– Charles Herrion

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