How do you figure? If they merge, we get three main market leaders all competing head to head. If they don’t, Sprint tanks, and we still have three main market

How do you figure? If they merge, we get three main market leaders all competing head to head. If they don’t, Sprint tanks, and we still have three main market leaders, however two will remain significantly ahead of the third. Keeping in mind that the two that are ahead are now playing the monopoly game and buying into other industries (see AT&T and Time Warner or AT&T and DirecTV or Verizon and Yahoo, etc)