WSJ – Sprint Corp. S +0.37% and T-Mobile TMUS +0.44% US Inc. haven’t yet announced their plans to merge but they already have an influential shareholder on board: billionaire hedge fund manager John Paulson.
Paulson & Co. played a prominent role in last year’s round of telecom deals, helping apply pressure that led to higher prices both in T-Mobile’s acquisition of MetroPCS Communications Inc. and SoftBank Corp.’s 9984.TO -0.98% acquisition of Sprint Corp.
