A PYMNTS Company

US: T-Mobile and Sprint merger could happen as early as this month

By  |  October 8, 2017

Sprint and T-Mobile are nailing down the final details of a merger likely to be announced at the end of October, Bloomberg reports citing sources familiar with the matter.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Both sides are conducting last-phase due diligence on Sprint’s valuation and figuring out questions like headquarters location and executive management teams, per Bloomberg. Rumors of this deal have been swirling for months.

    Now that Trump’s antitrust chief Makan Delrahim has finally been confirmed, it makes sense for the companies to move the announcement along in short order.

    While antitrust regulators are expected to be more open to horizontal mergers than during the previous administration, the deal’s impact on wireless competition will get close scrutiny by both the Justice Department and Federal Communications Commission.

    Full Content: Bloomberg

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.