Arab Today, arab today sprint merger with tmobile could hit antitrust hurdle
Last Updated : GMT 06:17:11
Arab Today, arab today
Arab Today, arab today

Sprint merger with T-Mobile could hit antitrust hurdle

Arab Today, arab today

Arab Today, arab today Sprint merger with T-Mobile could hit antitrust hurdle

Washington - UPI

A Sprint Corp. purchase of T-Mobile would likely face opposition from the U.S. Justice Department on antitrust concerns, sources told the Wall Street Journal. The Journal reported Wednesday that Sprint board members Masayoshi Son and Dan Hesse met with Justice Department officials this month. But the combination of Sprint, the country's third largest mobile carrier with T-Mobile, the fourth largest, would run into hurdles at the department, sources told the Journal. Meeting with officials did not convince Son to give up on pursuing a deal, the Journal said. Son is the founder and chief executive officer of SoftBank Corp., which holds a majority stake of Sprint. T-Mobile is 67 percent owned by German carrier Deutsche Telekom. Executives from SoftBank Mobile and Deutsche Telekom have discussed a merger, the Journal reported. Justice Department officials, however, believe that four major telecommunication carriers is a good balance that supports competition, which benefits U.S. customers, sources told the newspaper.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sprint merger with tmobile could hit antitrust hurdle Arab Today, arab today sprint merger with tmobile could hit antitrust hurdle

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sprint merger with tmobile could hit antitrust hurdle Arab Today, arab today sprint merger with tmobile could hit antitrust hurdle

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday