Better Buy: Sprint vs. T-Mobile
T-Mobile US (NASDAQ: TMUS) and Sprint (NYSE: S) are both cellular network providers, coming in as the third- and fourth-largest respectively. In early 2018, the two companies announced a merger that would move them to the top-tier status of AT&T and Verizon -- if approved. But it's been nearly two years since the merger was announced.
Regulators fear that less competition will be bad for consumers. To calm this fear, Sprint and T-Mobile agreed to divest some parts of a merged business to DISH Network and allow use of towers to help DISH become a legitimate cellular carrier competitor. That move was enough to gain federal regulatory approval; however, certain state attorneys general are still attempting to block the deal with a lawsuit.
If the merger happens, investors in either company will end up owning both. But the merger might not get final approval. In that case, there's a clear choice if you have to invest in just one of these stocks today.
Source Fool.com
