http://www.geekwire.com/2014/sprint-giving-t-mobile-bid-wsj-reports/
http://www.theverge.com/2014/8/5/5972969/sprint-said-to-be-giving-up-on-buying-t-mobile
After months of anticipation that Sprint was nearing an agreement to purchase telecom giant T-Mobile, the company is now reportedly giving up such a deal. Citing an unnamed source, The Wall Street Journal reports that the company's "abandoned" its pursuit of Sprint, suggesting that there would have been too many regulatory issues as part of such a deal.
The news comes just hours after a report from Bloomberg claiming that T-Mobile was planning to turn down a $15 billion bid from from Iliad in order to try and get a higher amount from the French telecommunications company.
Opinions?
http://www.theverge.com/2014/8/5/5972969/sprint-said-to-be-giving-up-on-buying-t-mobile
After months of anticipation that Sprint was nearing an agreement to purchase telecom giant T-Mobile, the company is now reportedly giving up such a deal. Citing an unnamed source, The Wall Street Journal reports that the company's "abandoned" its pursuit of Sprint, suggesting that there would have been too many regulatory issues as part of such a deal.
The news comes just hours after a report from Bloomberg claiming that T-Mobile was planning to turn down a $15 billion bid from from Iliad in order to try and get a higher amount from the French telecommunications company.
Opinions?
