Scalper1 News
Sprint and T-Mobile shareholders punished both stocks on Wednesday after merger talks between the two wireless carriers ended, but Dish Network rose as its CEO demurred on any takeover bid. Struggling Sprint (S) halted its pursuit of T-Mobile US (TMUS), the industry’s comeback kid, after concluding that a deal would not win regulatory approval. Federal Communications Commission Chairman Tom Wheeler praised Sprint’s decision. U.S regulators prefer Scalper1 News
Scalper1 News