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AT&T, Inc. Message Board

  • macosxbuild macosxbuild Sep 25, 2013 10:23 PM Flag

    More wireless consolidation? regulators block AT &T....& T-Mobile.......and will block this one too....

    More wireless consolidation?

    Posted 07:58 PM ET

    The CFO of T-Mobile U.S. said at a Goldman Sachs conference he expects to see further consolidation in the U.S. wireless market. A merger between No. 4 T-Mobile (TMUS) and No. 3 Sprint (S) is "the logical ultimate combination," CFO Braxton Carter told Reuters, but didn't say whether the two companies are in talks. He called the U.S. regulatory environment "tough" — in '11, regulators blocked T-Mobile's proposed sale to AT&T (T). T-Mobile shares rose 2.5%. Sprint was unchanged.

40.73-0.12(-0.29%)Sep 29 4:00 PMEDT