In a reversal of_earlier reports, it looks like Sprint has decided to table its acquisition of T-Mobile according to The Wall Street Journal’s_sources. With backing from its parent company Softbank, Sprint was reportedly to be interested in purchasing T-Mobile in a deal that at one point was reported to be $40 a share. One sticking point in the potential deal could have been the FCC. The commission killed a proposed acquisition of T-Mobile by AT&T in 2011. Also, according to Bloomberg, Sprint CEO,_Dan Hesse_is out and the carrier could be announcing a new CEO as early as tomorrow. Sprint sent...
This story continues at The Next Web
The post WSJ: Sprint reportedly no longer interested in acquiring T-Mobile appeared first on The Next Web.