Tuesday, 1 May 2018

Verizon Communications Inc. (VZ) Could Be a Winner From Sprint Buyout

Verizon Communications Inc. (VZ) Could Be a Winner From Sprint BuyoutShares of both T-Mobile US ( TMUS) and Sprint Corp. ( S) were down sharply on Monday as investors mulled the possibility of a drawn-out merger approval process. Telecom competitor Verizon Communications Inc. (NYSE: VZ) also traded lower by 4.3 percent, but analysts say the T-Mobile deal could provide an opportunity for Verizon.


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