WSJ: Sprint chairman, CEO want to meet with FCC

WSJ: Sprint chairman, CEO want to meet with FCC

Sprint chairman Masayoshi Son and CEO Dan Hesse are expected to meet with the FCC this week to discuss the potential for a T-Mobile acquisition. The rumors of such a deal, as some know,  have been circulating for more than a few months. As to why the duo want to meet with the government, the WSJ says it’s to convince the FCC that it’s better for consumer interest. According to a source, the chairman wants to argue that this would create a real competitor to Verizon and AT&T.

The meeting will cover a range of issues and wasn’t called to discuss a specific transaction…

…yeah, right.

Sprint and T-Mobile are said to be working on a deal which could range from $20 billion to as high as $50 billion. That is, of course, if the U.S. government doesn’t shoot it down first.

Wall Street Journal

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Scott Webster
Scott Webster 6776 posts

Scott has been running AndroidGuys since 2007 and loves nothing more than reading up on the latest smartphone rumors. His other mobile efforts can be found on Android Update (CNET) where he covers Google's mobile platform.