As eSIM probe goes on, JP Morgan takes odds down for Sprint and T-Mobile merger

As the Department of Justice is investigating AT&T, Verizon and the GSMA for colluding to allow carrier locking with embedded SIMs, Sprint and T-Mobile have reportedly continued to talk about a possible third merger attempt. An analyst from JP Morgan believes that friction will grow with the negotiations.

Philip Cusick wrote in a note obtained by MarketWatch that the overall view of the government agency that carriers are colluding “could mean that a  potential Sprint + T-Mobile merger would face higher scrutiny” from regulators. The bank isn’t as confident about a deal going through.

All three combination attempts have taken place over the past four years, the last one failing in November.

 

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Jules Wang
Jules Wang is News Editor for Pocketnow and one of the hosts of the Pocketnow Weekly Podcast. He came onto the team in 2014 as an intern editing and producing videos and the podcast while he was studying journalism at Emerson College. He graduated the year after and entered into his current position at Pocketnow, full-time.