Sprint, T-Mobile merger ‘unlikely’ to be approved by DOJ: report

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Things aren’t looking good for the big merger between Sprint and T-Mobile.

The Department of Justice antitrust enforcement has informed Sprint and T-Mobile that the merger is “unlikely” to receive approval, according to the Wall Street Journal

Speaking to sources familiar with the merger, the report states that the $26 billion deal is concerns from the Justice Department’s antitrust division over threats the merger poses to competition. Sprint and T-Mobile are the third and fourth biggest mobile carriers in the country. Read more…

More about T Mobile, Sprint, Department Of Justice, Merger, and Antitrust

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