“The chief executive of Verizon Wireless said he has no interest in buying Sprint Nextel Corp. even as the company stands to lose its top position in the U.S. wireless market because of a merger between AT&T Inc. and T-Mobile USA,” Sinead Carew reports for Reuters.
“Verizon Wireless CEO Daniel Mead also said he would not oppose AT&T’s plans to buy Deutsche Telekom’s T-Mobile USA for $39 billion,” Carew reports. “‘We’re not interested in Sprint. We don’t need them,’ said Mead, speaking to Reuters ahead of the CTIA Wireless Conference.”
Carew reports, “Mead said U.S. regulators would likely approve the AT&T/T-Mobile deal if the companies agreed to certain conditions.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]