Scalper1 News
If Sprint launches a bid to acquire T-Mobile US this summer, as is widely expected, it would join rivals AT&T and Verizon Communications in piling on debt to engineer a mega deal. And Sprint (S) would also copy the playbook of Japan-based SoftBank, which acquired 80% of Sprint last year. SoftBank is one of the world’s most leveraged companies. SoftBank aims to forge a merger between Sprint and T-Mobile (TMUS), the Nos. 3 and 4 U.S. wireless Scalper1 News
Scalper1 News