WASHINGTON ¨C Masayoshi Son, head of SoftBank Corp. and Sprint Corp., won¡¯t be able to ride the regulatory coattails of pending U.S. telecommunications deals if he decides to buy T-Mobile US Inc.
Regulators are preparing to vet proposed acquisitions worth more than $45 billion each from Comcast Corp. and AT&T Inc. Those transactions, involving pay-television services, pose different issues for competition and the public interest than the combination of wireless-service providers Sprint and T-Mobile.
Of the pending deals, a Sprint purchase of T-Mobile is ¡°going to be the hardest one to get through,¡± said Jeff Blumenfeld, an attorney at Lowenstein Sandler LLP. ¡°You have direct competitive overlap in an already concentrated industry.¡±
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