Verizon Wireless CEO Daniel Mead said on Monday that the company has no interest in a merger with Sprint, a notion that had been tossed around by analysts over the weekend following news that AT&T intends to Acquire T-Mobile USA. “We’re not interested in Sprint. We don’t need them,” Mead told Reuters reporters in Florida ahead of this year’s CTIA Wireless conference. Should AT&T’s acquisition of T-Mobile USA from European telecommunications giant Deutsche Telekom receive regulatory approval, AT&T would become the nation’s top wireless carrier by subscriber count. Verizon Wireless currently holds the No. 1 position, which it took from AT&T back in January 2009 when the carrier completed its acquisition of top regional carrier Alltel. AT&T’s merger with T-Mobile USA stands to create a much more substantial lead where subscriber count is concerned, however, making AT&T home to over 130 million wireless subscribers compared to Verizon Wireless’ 102 million.
Verizon Wireless CEO says company has no interest in buying Sprint
Updated Dec 19th, 2018 7:07PM EST
If you buy through a BGR link, we may earn an affiliate commission, helping support our expert product labs.
This article talks about:
Acquire acquisition antitrust AT&T CEO Merger monopoly Sprint sprint nextel T-Mobile Verizon verizon wireless VZW
Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.
His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.
