When it comes to competition in the US mobile market, federal regulators see four as the magic number. This fact alone could sink Sprint's rumored takeover bid for T-Mobile.
The Wall Street Journal reported over the weekend that Sprint is preparing a $20 billion bid for T-Mobile in an acquisition that would reduce the total number of national wireless operators from four to three. But regulators in Washington, DC, have already signaled that they're likely to put the kibosh on such a tie-up.
Sprint's bid for T-Mobile could be announced early next year, according to the Journal. … Read more