Antitrust Hurdles Low For Possible Sprint Buyout Bid

Law360, New York (May 5, 2008, 12:00 AM EDT) -- Reports that German telecommunications company Deutsche Telekom AG may be considering a bid for Sprint Nextel Corp. raised eyebrows on Wall Street Monday. Any possible deal between the two would face significant obstacles, but antitrust approval from U.S. authorities is likely not one of them, experts say.

Sprint Nextel currently holds the No. 3 position in the U.S. wireless market. Deutsche Telekom, parent company of T-Mobile USA Inc., is a distant fourth. But a combination of the two companies would easily knock rival AT&T out of...
To view the full article, register now.