Amid renewed speculation about Sprint’s interest in bidding for rival T-Mobile US, one analyst has floated a potential price tag for the deal: $93.4 billion.
In a note to clients this week, Jennifer Fritzsche of Wells Fargo Securities said Sprint would have to take on T-Mobile’s $33.4 billion in debt and come up with $60 billion more to buy out T-Mobile’s shareholders.
Sprint’s original pursuit of T-Mobile was shot down by the Obama administration. Now that Donald Trump is president-elect, however, speculation about a deal is swirling again. This time, fans of a Sprint/T-Mobile merger expect a Republican administration to be more receptive.
There is no certainty that Sprint will pursue the merger or that the Trump administration would approve one. Sprint declined to comment on the speculation.
Read more: Kansas City Star