Sprint is said to be examining whether U.S. regulators would prevent the carrier from buying T-Mobile US and, if not, could enter a bid for the No. 4 carrier by the middle of next year, according a report by The Wall Street Journal, which notes the deal could be worth more than $20 billion. A merger would leave the combined company with 98 million subscribers, of which 53 million would be under contract.
In telecom circles these days, Ericsson AB and Huawei Technologies are emerging as the most likely candidates to buy Nortel Networks' carrier Ethernet and optical division, Metro Ethernet Networks. Both companies reportedly have asked their bankers to look into the details of a possible deal for MEN, but Nortel has not announced if it has been approached by interested buyers.
Light Reading reports that Ericsson may be interested in acquiring Marconi, possibly to give its fixed-line technology division more depth. It also has been rumored Huawei Technologies is interested in Marconi.
A group led by dissident shareholder Carl Icahn is considering a plan to increase its stake in Time Warner to 10% to ratchet up pressure on the company. Icahn is trying to force Time Warner to spin off its cable holdings and buy back shares.