Highly unlikely: BT to acquire Sprint

Even though this should be filed under “highly unlikely,” it’s interesting to note how investor and analysts are thinking that something needs to be changed inside the US’ number three carrier. Earlier in July, we’ve had similar rumor involving Korean SK Telecom as a potential acquirer of Sprint/Nextel, and now it’s British BT Group who emerged in the same role.

This is so unlikely to happen I don’t know whether it’s worth commenting on. The only point worth noting is as the post says the fact that Sprint stock rose 3% based on the rumor. [via]

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