Deutsche Telekom's in good shape whichever way the merger goes, suggests UBS, noting that share prices for the German incumbent don't seem to factor in much upside.
Meanwhile, Goldman Sachs says a failure of the deal could mean positives for those sitting on needed spectrum: Dish Network (DISH +2.3%) and Intelsat (I +3.6%). While T-Mobile and Sprint have a deep portfolio together, none of the Big Four U.S. carriers likely have enough by themselves for 5G deployment.
Previously: Report DoJ opposes T-Mobile-Sprint merger 'simply untrue,' CEO Legere says (Apr. 16 2019)
Now read: AT&T's Big Blunder »
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