A possible merger between Sprint Corp and T-Mobile US Inc could prompt U.S. regulators to rewrite rules they are now weighing for a 2015 auction of airwaves, according to sources familiar with the proposed regulations.Sprint's parent company has been exploring a possible tie-up with T-Mobile, although no proposal has been announced. Federal Communications Commission Chairman Tom Wheeler has proposed restrictions on how much the biggest carriers, Verizon Communications Inc and AT&T Inc, could bid in the major auction of television spectrum scheduled for mid-2015.The auction offers carriers a chance to purchase access to airwaves that are valued for their strength and reach.Wheeler's proposal has yet to be formally circulated among other FCC commissioners but would reserve up to 30 megahertz of spectrum in each market for carriers who do not already dominate the lower frequencies there - in most cases, Verizon and AT&T.
AT&T Inc. (AT&T), is a holding company. The Company is a provider of telecommunications services. Shares of T fell by 0.17% or $-0.06/share to $36.04. In the past year, the shares have traded as low as $31.74 and as high as $39.00. On average, 31296400 shares of T exchange hands on a given day and today's volume is recorded at 25308886.
Shares of TMUS traded higher by 2.18% or $0.65/share to $30.40. In the past year, the shares have traded as low as $16.01 and as high as $34.10. On average, 5285040 shares of TMUS exchange hands on a given day and today's volume is recorded at 5443766.
Verizon Communications Inc. (Verizon) is a holding company. Shares of VZ traded higher by 1.06% or $0.5/share to $47.60. In the past year, the shares have traded as low as $45.08 and as high as $54.31. On average, 43416900 shares of VZ exchange hands on a given day and today's volume is recorded at 23240664.
Source
