U.S. Markets closed

The Latest Twist in the T-Mobile–Sprint Merger

Sean Allen
The Latest Twist in the T-Mobile–Sprint Merger

The FCC (Federal Communications Commission) announced last week that it needed more time to review the possible merger between T-Mobile (TMUS) and Sprint, the third- and fourth-largest carriers in the country. The two companies are looking to merge, as competition in the telecommunications sector has been squeezing their margins.