- Federal Communications Commission Chairman Tom Wheeler yesterday expressed skepticism about the possibility of Sprint (S) acquiring T-Mobile US (TMUS), Reuters reports. Wheeler made his feelings known during a meeting with Sprint Chairman Masayoshi Son and CEO Dan Hesse.
- Wheeler echoed comments that antitrust chief William Baer made last week, when the latter gave long odds that mergers between any two of the four largest cellular carriers would receive regulatory authorization.
- However, Wheeler also said he would keep an open mind about the prospective deal.
- Sprint argues that it needs to merge with T-Mobile US so that it can challenge the dominance of Verizon and AT&T.
Reuters: FCC's Wheeler skeptical about Sprint/T-Mobile deal
Feb 4 2014, 03:57 ET