Sprint mulling bid for T-Mobile: report
(Reuters) - Sprint Corp (S.N) is mulling a bid for T-Mobile US (TMUS.N), according to a report in the Wall Street Journal citing people familiar with the matter.
Sprint could launch a bid in the first half of 2014, the report said.
Sprint is the third largest carrier in the United States, while T-Mobile is the fourth. A tie-up between the two could raise concerns among government regulators.
NEW YORK - U.S. stocks fell on Monday weighed by soft data out of China, lingering concerns over Russia's claim over part of Ukraine and Boeing's latest production setback.
- U.S. small businesses borrowed more money in January than they did a year earlier, signaling continued growth in the economy despite a spate of cold weather that has been blamed for weakness in many other indicators of activity.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.