Sprint’s plans to acquire T-Mobile and merge the two companies hardly comes as a surprise. Both companies seem to be pretty eager at the idea and have openly welcome the merger, although there are some, namely their competitors, who don’t feel the same. In fact regulators have been reported to be deadset on the deal happening. However it seems despite the detractors and potential roadblocks, Sprint appears to be moving on ahead with their plans. According to a report on Reuters, it seems that Sprint is one step closer to securing the financing that they might need in order to purchase T-Mobile. The report claims that Sprint has managed to line up eight banks who would be willing to help fund their acquisition.
