Verizon CEO won’t bother opposing AT&T – T-Mobile deal, won’t bother buying Sprint
Share Now on:
Verizon Wireless CEO Daniel Mead was interviewed by Reuters and said he won’t lobby against the proposed merger of his two competitors because there’s just no point. These mergers go through eventually, he figures, so while there may be a bunch of concessions made, it’s not going to get blocked for good. He also says that his company has no interesting acquiring Sprint. Sprint already went on the record on Sunday night with a list of gripes about the proposed merger. Of course, that merger threatens Sprint’s survival, not Verizon’s.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.