After meeting with various members of the FCC and U.S. Dept. of Justice, Sprint is said to be rethinking its intentions to acquire T-Mobile. As CEO Dan Hess and Chairman Masayoshi Son have learned first hand, the deal would face certain scrutiny and quite the resistance. According to the Wall Street Journal, officials have told the Sprint duo that customers are better served with four national wireless providers, not three. This is not to suggest, however, that Sprint is ready to throw in the towel. We might just be looking at a few more weeks before any more noise is made.
Wall Street Journal (subscription required)