T-Mobile and Sprint merger is ‘unlikely’ without major changes

http://bit.ly/2GgiTtB

So much for T-Mobile and Sprint enjoying a smooth merger. Wall Street Journal sources say the Department of Justice has told the carriers that their $26 billion union is “unlikely” to receive approval under its current structure. While the particular objections aren’t available, DOJ offcials reportedly questioned claims that the merger would create “important efficiencies.”

Developing…

Source: Wall Street Journal

from https://engt.co/2UHnwa4