Sprint drops bid to buy T-Mobile after regulatory resistance


Sprint Corp has dropped its bid to acquire No 4 US carrier T-Mobile US Inc after regulatory resistance showed no signs of softening despite months of lobbying, people familiar with the matter told Reuters. 

The move is a rare setback for Sprint's Japanese parent SoftBank Corp, whose billionaire founder Masayoshi Son had seen the acquisition as key to taking on US market leaders AT&T Inc and Verizon Communications Inc. 

Subscribe now and get 30% off The Star Yearly Plan

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.


Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Sprint , T-Mobile

Others Also Read


Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a subscriber? Log In