The Biggest Losers If T-Mobile and Sprint Merge

T-Mobile (NASDAQ: TMUS) and Sprint (NYSE: S) are reportedly close to agreeing on terms to merge their businesses. The combined wireless carrier would have about 130 million customers, nearly as many as both AT&T (NYSE: T) and Verizon.

If a merger goes through, the companies will undoubtedly tout the cost-saving synergies they can realize by combining each company's assets and customer bases. A lot of those cost savings will come from consolidating their wireless networks, which is bad news for a couple of wireless infrastructure companies. Cell tower companies like Crown Castle International (NYSE: CCI), American Tower (NYSE: AMT), and SBA Communications (NASDAQ: SBAC) all stand to lose substantial business if T-Mobile and Sprint join forces.

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Source: Fool.com