March 28 at 2:14 p.m.
Filed under:
Cell phones,
M&A,
Telecommunications,
Wireless
By Reuters
Sprint Nextel urged regulators to block AT&T Inc.’s $39 billion bid to buy Deutsche Telekom AG’s T-Mobile USA.
Sprint, the No. 3 U.S. mobile carrier, said in a statement Monday that the transaction would harm consumers and competition. Get the full story »
March 8 at 12:53 p.m.
Filed under:
Cell phones,
M&A,
Telecommunications,
Wireless
By Dow Jones Newswires-Wall Street Journal
Sprint Nextel Corp. and Deutsche Telekom AG are again discussing options for combining Sprint with the German company’s U.S. subsidiary, T-Mobile USA, though a deal is unlikely in the near term, people familiar with the matter said.
A deal would combine the third and fourth largest wireless carriers in the U.S. and create a substantial counterweight to industry leaders AT&T Inc. and Verizon Wireless, a joint venture of Verizon Communications Inc. and Vodafone Group. Get the full story »