According to The Wall Street Journal and after months of an imminent blockbuster buyout, Sprint is reportedly backing down from acquiring T-Mobile, which would’ve caused both carriers to merge together in which most believe would put both of them in direct competition with Verizon and AT&T. It appears to be that the problem stemmed from the merger being too risky and would have too many issues regarding regulation. The merge would have also given both companies a stronger chance in bidding for available wireless spectrum that will be put up for auction in 2015. This set of circumstances is extremely similar to when AT&T to buy T-Mobile in a similar merger, which was also halted due to regulation issues as well as a chance of unfair competition taking place. Good news for T-Mobile users! You all live to see Big Magenta thrive another day.