Sprint will lose its name if it wins T-Mobile merger

If federal regulators allow Sprint Corp. (NYSE: S) to purchase T-Mobile US Inc. (NYSE: TMUS), the company will lose its name.

The Kansas City Business Journal reports that while Sprint is the larger mobile carrier, T-Mobile recently has found more success at attracting new customers. Germany-based Deutsche Telekom AG, which owns 67 percent of T-Mobile, reportedly is pushing that T-Mobile CEO John Legerebecome the CEO of the merged company.

The Kansas City-based company will reportedly pay $32 billion for T-Mobile as early as this summer.

Read more from the Kansas City Business Journal.