Things aren’t looking good for the big merger between Sprint and T-Mobile.
The Department of Justice antitrust enforcement has informed Sprint and T-Mobile that the merger is “unlikely” to receive approval, according to the Wall Street Journal.
Speaking to sources familiar with the merger, the report states that the $26 billion deal is concerns from the Justice Department’s antitrust division over threats the merger poses to competition. Sprint and T-Mobile are the third and fourth biggest mobile carriers in the country.
Further complicating matters, several U.S. states are considering taking legal action against the two companies if the DOJ decides not to challenge the merger.
Facebook and Google grab headlines for their roles in the massively profitable “personal data economy.” You know, the business of buying and selling your personal browsing habits to advertisers, pollsters, and other deep-pocketed third parties.
But cell phone companies deserve some attention, too.
This is a great time for anyone looking for a new smartphone or tablet — or to switch from one wireless carrier to another.
That’s because the big four U.S. telecom companies are pummeling each other silly with price wars and discounts on new products. Check out some of these offers on Twitter.
Sprint (S) is asking people to “Bring us your Verizon or AT&T bill. We’ll fire up the chainsaw and #CutYourBill in half!”
T-Mobile (TMUS) recently tweeted, “Fa-la-la… oh forget it. The Note 4 is at @Tmobile for nothing down right now! GO GO GO!
Ma Bell is urging customers to “Switch to AT&T & Get a $150 Bill Credit with AT&T Next line.”
And Verizon (VZ, Tech30) is touting this. “Huge 16MP camera. Tiny price. Get the Samsung GS5 for $199.99 w/ $50 mail in rebate (2yr activation req’d) #GoodMore”