Klobuchar Wary Of Wireless Mergers Amid T-Mobile Rumors

Law360, New York (February 26, 2014, 5:54 PM EST) -- Senate antitrust leader Amy Klobuchar, D-Minn., voiced skepticism Wednesday about further consolidation in the wireless industry amid rumors that Sprint Corp. was weighing a bid for rival T-Mobile US Inc.

Klobuchar applauded T-Mobile's recent re-emergence as a "maverick" in the wireless market after antitrust and telecommunications regulators blocked AT&T Inc.'s bid to acquire it, but she worried that the state of competition in the industry could still be at risk.

"While the industry is competitive and benefiting consumers and ... we've recently seen a surge of...
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