Apparently, T-Mobile and Sprint are considering concessions to save their merger
Apparently, T-Mobile and Sprint, fighting to win regulatory clearance for their $26.5-billion merger, are considering possible concessions to salvage the deal. Among the top options being discussed is the separation and potential sale of their “prepaid” businesses. Other options — such as selling airwave licenses or setting up a new carrier through a network-leasing arrangement — are far less attractive, apparently. The idea of concessions suggests that they’re anticipating a challenge from the Justice Department’s antitrust division and the Federal Communications Commission, which both have to sign off on the transaction. It’s common for companies seeking merger approval to offer asset sales to resolve concerns.
T-Mobile and Sprint are considering concessions to save their merger, sources say