Why you should dump Verizon if Dish-T-Mobile merger goes through [telecom]

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by Ritesh Anan

The Wall Street Journal recently reported that DISH Network Corp is in talks with T-Mobile US Inc for a possible merger, following which shares of both the companies opened strong on Thursday and were trading higher.

Kevin Smithen, Macquarie Capital analyst, was on CNBC to weigh in on this and to discuss why he thinks Verizon Communications Inc. becomes a sell if this deal goes through.