The merger of Sprint and T-Mobile won't be an easy sell to the FCC. They stopped the merger of AT&T and T-Mobile in 2011. If they do approve this, Softbank, which now owns a majority of Sprint, will rebrand the new company as SoftBankUSA with John Ledger as CEO. But while Sprint and T-Mobile aren't doing all that great, he believes that if they can survive individually, they shouldn't merge. Leo likes competition and he doesn't think it'll happen.