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Report: Sprint in Talks to Buy T-Mobile
Sex sells
Report: Sprint in Talks to Buy T-Mobile
Sprint is reportedly in talks to acquire T-Mobile, its smaller rival in the wireless carrier industry. The big idea is to generate more scale by combining the no. 3 and no. 4 players. Sprint has 50 million subscribers and T-Mobile has 34 million. Combined, that's 84 million, almost as big as rivals AT&T and Verizon, which are above 90 million.

Update 3/21: AT&T has just swooped in and scooped up T-Mobile for $39 billion.


3/8/11 3:53pm ET - Business Insider
 
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