Sprint’s stock is getting slammed in pre-open trading this morning, down ~12% as of this writing.The reason investors are ditching the stock? If AT&T can close its $39 billion purchase of T-Mobile USA, then Sprint will be a tiny player in the battle of telecoms.
For more on Sprint, AT&T, and T-Mobile read our story: The Winners And Losers From AT&T’s Big T-Mobile Purchase
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