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Shares drop after Sprint reportedly drops T-Mobile bid, citing regulatory concerns

2014-08-06 03:13:05| Telecom - Topix.net

Shares of Sprint Corp. and T-Mobile US Inc. have fallen sharply in after-hours trading after a published report said Sprint was ending its pursuit of a merger of the two cellphone carriers.

Tags: drop bid concerns shares

 

Shares drop after Sprint reportedly drops T-Mobile bid, citing regulatory concerns

2014-08-06 02:46:49| IT Services - Topix.net

Shares of Sprint Corp. and T-Mobile US Inc. have fallen sharply in after-hours trading after a published report said Sprint was ending its pursuit of a merger of the two cellphone carriers.

Tags: drop bid concerns shares

 
 

Reports: Sprint ends bid for T-Mobile, Hesse to leave

2014-08-06 02:46:48| IT Services - Topix.net

Sprint Corp. reportedly is ditching hopes to buy its smaller rival, T-Mobile US Inc., and might name a new CEO on Wednesday.

Tags: reports leave bid ends

 

Sprint Drops Plan To Buy T-Mobile

2014-08-06 02:46:47| IT Services - Topix.net

Sprint Corp has dropped its bid to acquire No. 4 U.S. carrier T-Mobile U.S. Inc because the challenge of securing approval for the deal was "too steep," the Wall Street Journal cited unidentified sources as saying.

Tags: buy plan drops sprint

 

Sprint drops T-Mobile US bid, will replace CEO

2014-08-06 02:00:00| Total Telecom industry news

Hesse reportedly on his way out as regulatory concerns stifle Softbank's effort to consolidate U.S. mobile market.

Tags: bid replace ceo drops

 

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