Scalper1 News
Speculation over Sprint (S) acquiring T-Mobile US (TMUS) cooled after its controlling shareholder, Deutsche Telekom (DTEGY), said a deal faces regulatory hurdles. Shares of Sprint were down 3% while T-Mobile’s stock slid 1.5% in late afternoon trading on the stock market today. Deutsche Telekom CEO Tim Hoettges told the German company’s board that a near-term deal with Sprint is unlikely, said Bloomberg. Stephen Sweeney, analyst at Elevation, said Scalper1 News
Scalper1 News