Ever since it was first rumored that Sprint is looking to acquire T-Mobile, there has been much talk about the response from U.S. regulators. Back in 2011, AT&T agreed to acquire T-Mobile for $39 billion, but the deal was struck down by regulators. The fears have emerged once again, this time for Sprint, which has apparently lined up as much as $31 billion for financing the deal if T-Mobile is to agree to a takeover. The Wall Street Journal reports that Sprint and Softbank CEOs met with the Department of Justice to talk up the T-Mobile Sprint merger, but its a possibility that antitrust authorities might strike down their plans as well.
T-Mobile Sprint Merger Discussed With U.S. Department Of Justice original content from Ubergizmo.
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