T-Mobile in Merger Talks: Sources

With the slow economy in recent weeks, we have seen many mergers and buyouts taking place. From defense contractors, who manufacture rocket engines for the space program, to American International Group, Inc. (NYSE:AIG) intended purchase of the Hartford Group's broker, the big news on Wall Street has been of companies merging with other companies in order to weather the economic storm.

Could a major cell phone carrier buyout be the next big piece of news? According to sources with direct knowledge of the matter, T-Mobile is involved in preliminary talks for a merger deal early in 2013. While this story is, as...