[ NNSquad ] Report: Sprint brand may go away after T-Mobile merger

[Lauren Weinstein <lauren@vortex.com>]

Report: Sprint brand may go away after T-Mobile merger

(Fierce Wireless): http://www.fiercewireless.com/story/report-sprint-brand-may-go-away-after-t-mobile-merger/2014-06-13

   "The T-Mobile US (NYSE:TMUS) brand will continue to thrive and the
    Sprint (NYSE: S) brand will likely take a back seat to T-Mobile if the
    two companies merge, according to a CNBC report. The report from
    CNBC's David Faber, citing unnamed sources, also said that the
    carriers have agreed to a $2 billion breakup fee. That fee would be
    paid to T-Mobile if the deal is rejected by regulators.  That's higher
    than the Wall Street Journal report earlier this month that said that
    Sprint would pay T-Mobile $1 billion in cash and other assets if the
    deal is blocked. The new CNBC report also said the deal might be
    announced in late July or early August."

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--Lauren--
Lauren Weinstein (lauren@vortex.com): http://www.vortex.com/lauren 
Co-Founder: People For Internet Responsibility: http://www.pfir.org/pfir-info
Founder:
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Tel: +1 (818) 225-2800 / Skype: vortex.com
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