T-Mobile chief executive John Legere said Tuesday he “couldn’t be more excited” about possible deal-making in the telecom world. He also kept his cards close to his vest.
Legere, whose company has been mentioned as a potential M&A partner with Sprint, acknowledged widespread speculation about potential industry and cross-industry mergers during his company’s quarterly conference call with analysts and investors.
He also noted that merger talks among companies essentially are forbidden for the moment by a federally imposed “quiet period” in place during a government auction of wireless airwaves licenses.
The auction process is beginning to wrap up, and one estimate Tuesday from Walter Piecyk, an analyst at BTIG Research, said the quiet period might end April 19.
Analysts widely expect Sprint to seek a T-Mobile deal but caution that regulatory approval remains highly uncertain.
Read more: Kansas City Star