Sprint No Longer Wants T-Mobile

FORGET IT

Updated Apr. 14, 2017 3:17PM ET / Published Aug. 06, 2014 7:26AM ET

Brendan McDermid/Reuters

Reuters is reporting that Sprint has given up its bid to acquire T-Mobile U.S. due to resistance from regulators. Sprint, which is No. 3 in the U.S. behind AT&T and Verizon, has not ruled out a future deal. Sprint is owned by Japan’s SoftBank Corp., and one of its executives told Reuters, “We didn’t think the opposition would be this strong.” Sprint will also reportedly appoint a new CEO after the deal fell through. The end of Sprint’s pursuit may open up room for a new buyer such as French firm Iliad. Iliad was rejected earlier after making a lower bid than Sprint.

Read it at Reuters

1.

Frederick Douglass Statue Ripped From Its Base in New York

The statue of the famous abolitionist was destroyed on the anniversary of his 1852 Fourth of July speech in Rochester, New York.

2.

Blacks, Latinos More Likely to Get COVID-19—and Die From It

A previously unreported study by the Centers for Disease Control shows that Black, Latino and Native Americans contract and die from the coronavirus more often than whites.

SHOP WITH SCOUTED

3.

I Haven’t Seen Another Fly After Using This Trap

This fly trap is a bag that you fill with water and it can kill up to 40,000 flies.

4.

Iran Now Says Fire at Nuke Plant Caused ‘Significant’ Damage

As New York Times reports blaze came from a bomb planted by an Israeli agent at the disputed centrifuge facility.

5.

Eight Presumed Dead After Planes Collide Above Idaho Lake

Witnesses boating on the lake reported seeing and hearing the crash, which sent both small aircraft plunging into 127 feet of water.

6.

Italian Cinematic Composer Ennio Morricone Has Died at 91

The prolific composer penned haunting scores for more than 500 movies spanning genres from Sergio Leone’s Spaghetti Westerns to Quentin Tarantino’s “The Hateful Eight.”

7.

Coronavirus Is Airborne, Scientists Say

A group of 239 scientists from 32 countries wrote an open letter encouraging the WHO to update its guidance on the novel coronavirus.

8.

China Detains President Xi Jinping’s Most Vocal Detractor

Law professor Xu Zhangrun was taken from his Beijing home Monday after openly criticizing Xi Jinping’s leadership.

9.

Italian Researchers Baffled Over Pink Snow on Alps

Scientists are debating whether the pink snow is a result of an algae that accelerates the effects of climate change or something else.

10.

Atlanta Mayor Slams Armed Protesters After Girl Is Shot Dead

Secoriea Turner was killed near the Wendy’s where Rayshard Brooks was shot by police.