Investizmo » sprint http://www.investizmo.com Tue, 01 Jun 2010 13:00:40 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 RUMOR: T-Mobile looking at acquiring Sprint http://www.investizmo.com/2008/05/05/rumor-t-mobile-looking-at-acquiring-sprint/ http://www.investizmo.com/2008/05/05/rumor-t-mobile-looking-at-acquiring-sprint/#comments Mon, 05 May 2008 14:38:32 +0000 iGuru http://www.investizmo.com/index.php/?p=62 One of the hallmarks of a healthy economy and equity market is a strong Mergers and Acquisitions sector. Nothing gets bulls running like one company devouring another. This is true even when one of the companies is helpless and injured (see Bear Sterns).

Today we learn that there are rumors that T-Mobile is looking into combining with Sprint. Although in the US Sprint is the larger company, T-Mobie’s German parent Deutsche Telekom AG could easily handle the required costs. Sprint has been struggling financially of late, having its credit rating cut to junk status by Standard & Poors last week.

If successful, the new entity would represnet the largest wireless company in the US.

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