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(Reuters) – U.S. telecom sector could be on the brink of a major consolidation under President Donald Trump’s likely more merger-friendly administration, said JP Morgan Securities, which now sees a 90 percent chance of T-Mobile US being involved in a strategic transaction in the next five years.
T-Mobile could be involved in tie-up with Sprint Corp , or be acquired by a cable company, JP Morgan said, adding that a transaction involving Dish Network Corp or a sale to a foreign player that wants a foothold in the U.S. wireless market is also likely.
Combination - Sprint - T-Mobile - Likelihood - Deal
A potential combination of Sprint and T-Mobile is seen as the most compelling, with the likelihood of a deal between the two wireless carriers now at more than 35 percent, up from 10 percent in September, with a 70 percent chance of approval, if announced, JP Morgan analyst Philip Cusick said.
Japan’s Softbank Group , which owns more than 80 percent in Sprint, had pledged investment in the United States...
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