In the video segment above, Fool.com analyst Andrew Tonner discusses news that Japanese conglomerate SoftBank is in advanced talks to acquire Sprint (S). The additional financial backing could be crucial for the telecom-industry underdog as it attempts to compete with frontrunners AT&T (T 1.30%) and Verizon (VZ 0.88%). Sprint is not alone in this regard, as many of the smaller wireless companies could benefit from the added strength of a partnership as well. With last week's T-Mobile/MetroPCS (TMUS 0.47%) merger, it appears that the U.S. telecom industry may indeed be entering into a consolidation phase.
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