New Verizon CEO expects AT&T purchase of T-Mobile to be approved

Brand new Verizon CEO, Lowell McAdam, recently spoke about the proposed purchase of T-Mobile by AT&T. In a webcast of the Fortune Brainstorm Tech conference he said, “I’d say the merger will probably go through. It’s a merger AT&T probably had to do.” He went on to say that he was surprised that is did not happen sooner.

If McAdam is right, this will be bad news for Sprint, the No. 3 U.S. mobile service carrier. They have the most to lose, and Sprint CEO Dan Hesse has been fighting tooth and nail to stop what will probably be official in March 2012.

[via reuters]

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  • James Chou

    wqe

  • James Chou

    sad

  • brie987

    Of course he does.