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
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