Deals
T-Mobile Says Sprint Deal Could Help Crack Wireless Duopoly
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T-Mobile US Inc. Chief Executive Officer John Legere, who casts himself as a renegade of the wireless industry, said a Sprint Corp. deal may help the company challenge the “duopoly” of Verizon Wireless and AT&T Inc.
When asked about a possible merger with Sprint, Legere said T-Mobile needed more airwaves and other resources to take on its larger rivals -- something consolidation could provide. Sprint’s majority owner, SoftBank Corp., is in discussions about combining the carrier with T-Mobile, according to people with knowledge of the matter.