This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
NEW YORK (TheStreet) -- Sprint (S) rose Thursday amid a report that the Federal Communications Commission could relax its position on a possible merger with T-Mobile (TMUS - Get Report).
The Wall Street Journal reported Democratic FCC commissioner Jessica Rosenworcel has said privately the two mobile carriers may not stay viable without a tie-up. This could hint that the FCC might not be as uniformly opposed to a potential merger of the two companies as previously thought.
Sprint was up 1.11% to $9.09 at 10:52 a.m., while T-Mobile was up 1.74% to $33.41.