The Traderszone Network

Published in TZ Latest News 14 May, 2014 by The TZ Newswire Staff

U.S. telecom regulators divided on Sprint, T-Mobile deal: WSJ

Democratic Commissioner Jessica Rosenworcel has acknowledged that Sprint and T-Mobile may not remain viable as independent companies in meetings with people on Wall Street and in the telecom industry, the people said. Though Rosenworcel’s sentiment about the future of the companies may indicate a schism with FCC Chairman Tom Wheeler, her comments may not necessarily translate into willingness to vote in favor of the deal, if a merger is proposed. Sprint’s parent, SoftBank Corp (TYO:9984), has been waging a campaign to promote consolidation in the U.S.

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