Press "Enter" to skip to content

Sprint and T-Mobile Brace for Disappointment


Investors in T-Mobile and Sprint are praying for a deal. They may be disappointed.

On Wednesday, shares of the two companies fell by 2% and 6% respectively after The Wall Street Journal reported that their planned merger is unlikely to win the approval of the Justice Department.

The third- and fourth-largest telecom companies in the U.S. have…


Source link