T-Mobile deal collapse could spark telecom price war

CONCERNS: Some analysts fear that Sprint's decision to give up its dream of merging with T-Mobile US Inc could lead to a wider price war as the top carriers slug it out in a nearly saturated market. — Reuters

WASHINGTON: Sprint Corp's newly appointed chief executive Marcelo Claure has so far had a Midas touch in the telecoms industry, turning Brightstar, a reseller of US handsets to Latin America, into a distributor valued at US$2.2bil (RM7.06bil) when it was sold to Japan's SoftBank. 

But his talents will now be put to the test like never before as he must complete the No 3 carrier's network upgrade while trying to retain customers, who are defecting in droves.