Sprint Might Bid on T-Mobile

A man talks on a mobile phone at the T-Mobile stand at the CeBIT technology fair March 15, 2007 in Hanover, Germany. CeBIT, the world's largest tech fair, will run from March 15-21. (Photo by Sean Gallup/Getty Images)
National Journal
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Laura Ryan
Dec. 13, 2013, 11:44 a.m.

Sprint is pre­par­ing to make a bid on its rival T-Mo­bile, in a mer­ger that would cre­ate a tele­com gi­ant to com­pete with AT&T and Ve­r­i­zon, re­ports The Wall Street Journ­al.

Ac­cord­ing to sources, Sprint is ex­plor­ing the reg­u­lat­ory hurdles in­volved with the mer­ger and might make a bid some­time dur­ing the first six months of 2014. The deal could be worth as much as $20 bil­lion.

The mer­ger would be sub­ject to U.S. an­ti­trust reg­u­la­tions, and with Fed­er­al Com­mu­nic­a­tions Chair­man Tom Wheel­er stress­ing the value of com­pet­i­tion, Sprint should an­ti­cip­ate close fed­er­al scru­tiny.

The Justice De­part­ment stopped a mer­ger between AT&T and T-Mo­bile in 2011.