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WSJ: Sprint has second thoughts about T-Mobile deal

  • Sprint (S) is rethinking its attempt to buy T-Mobile US (TMUS) from Deutsche Telekom (DTEGF) after the Justice Department and the FCC expressed skepticism that the acquisition would be allowed, the WSJ reports.
  • Sprint could still try to purchase T-Mobile, but executives will take their time in order to refine their strategy and antitrust arguments.
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Comments (9)
  • flemsnopes
    , contributor
    Comments (124) | Send Message
     
    Ah, the ultimate authority on business, the U.S. Department of Justice. They should open the "USDOJ School of Business" at the DC headquarters to train our future business leaders in the tried and true socialist model. Once all the greedy capitalist corporations collapse under the weight of regulations, we'll need some good and loyal socialist minions to run the benevolent state operated monopolies. 
    10 Feb, 06:36 AM Reply Like
  • Tack
    , contributor
    Comments (12761) | Send Message
     
    Just have the NSA run the phone collective. It would simplify so many things.
    10 Feb, 07:51 AM Reply Like
  • flemsnopes
    , contributor
    Comments (124) | Send Message
     
    Talk about synergies!
    10 Feb, 08:03 AM Reply Like
  • PJS
    , contributor
    Comments (77) | Send Message
     
    We need three domineering telecoms like we need three more corpulent banks.
    10 Feb, 08:20 AM Reply Like
  • dougmccown
    , contributor
    Comments (28) | Send Message
     
    Or, they could let the potential capitalist robber barons continue to pillage all the others.
    10 Feb, 11:48 AM Reply Like
  • Jacksui
    , contributor
    Comment (1) | Send Message
     
    naw we should just let mergers happen regardless of consequences

     

    Have you ever lived under a socialist regime by the way?
    10 Feb, 09:16 PM Reply Like
  • AggGrow
    , contributor
    Comments (187) | Send Message
     
    This is good news. Sprint can't dominate this industry with the baggage of digesting T-Mobile.
    10 Feb, 09:06 AM Reply Like
  • The Deep Value Investor
    , contributor
    Comments (277) | Send Message
     
    Time for Sprint and SoftBank to look south of the boarder and buy NIHD.
    10 Feb, 10:11 AM Reply Like
  • wpdsr001
    , contributor
    Comments (53) | Send Message
     
    Very alarming trend seems like it is happening again to the American Free Market Capitalism System. The U.S. Government should not and I doubt does not have the (ultimate) legal authority to tell private enterprise how they can compete in this society. Competition was never addressed or prohibited in the Constitution.
    As I have said in several posts that this question needs to bypass lower courts and go directly to the United States Supreme Court. By the way the U.S. Government lost their right to tell the companies how they could compete once they sold the airway rights.
    11 Feb, 02:08 AM Reply Like
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