The DOJ reportedly pours cold water on Sprint and T-Mobile’s merger (S, TMUS)

Shares of the US telecom provider Sprint are tumbling in premarket trading after a Wall Street Journal report indicated the company’s planned merger with T-Mobile was unlikely in its current form.  The Department of Justice’s (DOJ) antitrust division has concerns with the deal’s current structure and the potential threat it would cause to competition.  T-Mobile and Sprint are the the third and fourth largest carriers by subscribers.  Watch Sprint and T-Mobile trade live.


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