Craig Moffett recently wrote, "The probability of regulatory approval at 50%, the odds of deal consummation are therefore something like 40%." At Bernstein, Moffett was perennially rated the #1 analyst on Wall Street when at Bernstein. He's remarkably creative. He's particularly well informed about D.C. Since at least 2009, he's made a point of actively building D.C. contacts at the highest level. FCC Commissioners care about Wall Street opinion and have often looked to Craig.
Jonathan Atkin of RBC agrees. "We continue to believe the likelihood of a Sprint/T-Mobile deal approval is less than 50%." Walter Piecyk believes, "There is less than 40% chance the Sprint/T-Mobile deal is approved by regulators."
My take: If D.C. gets the facts, the chance is less than 10%. If government people drink the Kool-Aid, it might just go through.
