Deals Rumor Mill: Sprint, Virtu Financial, Apollo

By Karlee Weinmann ( April 18, 2014, 2:49 PM EDT) -- A potential tie-up between Sprint Corp. and smaller mobile provider T-Mobile US Inc. could push U.S. regulators to rejigger rules in the leadup to an airwave auction in 2015, sources told Reuters late on Thursday. Japan's SoftBank Corp., Sprint's parent, has been feeling out the prospective merger for months but has so far had trouble getting regulators to support further consolidation in the wireless industry. So far, Federal Communications Commission Chairman Tom Wheeler has suggested his agency would impose restrictions on the two biggest carriers, Verizon Communications Inc. and AT&T Inc., in the auction, but if Sprint leapfrogs competition with a T-Mobile buy, it could upend that tentative framework for the airwave sale....

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