Could a T-Mobile/Sprint merger threaten Verizon and AT&T?

T-Mobile US CEO John Legere has said that a possible merger with Sprint may offer substantial competition to the wireless "duopoly" of Verizon and AT&T. A merger between the two carriers may soon be a reality, if SoftBank, the Japanese carrier that now owns Sprint, successfully purchases T-Mobile US. While T-Mobile has been doing fairly well lately, Legere wants to enhance T-Mobiles capabilities while still retaining the "maverick" image that he's cultivated for the carrier, according to Bloomberg:

“We all need better scale and capability,” he said in a televised interview with Emily Chang on “Bloomberg West.” “The question starts to be: How do you take the maverick and supercharge it? We either need more spectrum and capability and a lot more investment, or we need consolidation.”

Do you think that a combined Sprint and T-Mobile would be enough to threaten Verizon and AT&T's hold on the U.S. wireless industry? Let us know below in the comments.

Source: Bloomberg