US wireless carrier Sprint Nextel is shifting towards 4G wireless technology, indicating at a possible merger with T-Mobile USA, the Financial Times has reported.
Sprint's CEO Dan Hesse told the Financial Times that the company was planning on deploying 'long-term evolution' (LTE) 4G wireless technology on its networks, the same technology that will be used by Deutsche Telekom's T-Mobile USA.
In a statement to the Financial Times, Hesse said: “We have the spectrum resources where we could add LTE if we choose to do that, on top of the WiMAX network. The beauty of having a lot of spectrum is we have a lot of flexibility.”
Experts have speculated that because both T-Mobile and Sprint are struggling to keep their operations running, and are both using 4G technology, a future merger is likely.
Hesse said that to effectively compete with AT&T and Verizon, a merger between the two companies would be a logical option