**Editor's Note: Please click here for a recap of the biggest communications mergers of Q2 2013.**
The same week that T-Mobile USA's chief financial officer called a potential Sprint-T-Mo merger "the logical ultimate combination," a Sprint exec hinted at the same on Thursday.
The Overland Park, Kan.-based carrier's CFO, Joe Euteneuer, told investors that more consolidation in the wireless industry is coming – preaching the benefits of having three major operators instead of four. "When you get down to three comparable-sized players, you get much more effective competition," CIO magazine quoted Euteneuer as saying.
If you add Sprint and T-Mobile's subscribers together, they equal approximately the same number that AT&T and Verizon each have. The biggest roadblock to a potential tie-up between Sprint and T-Mo would likely be the U.S. government, which put up roadblocks to an AT&T-T-Mobile merger two years ago, making it clear that it likes having four major players. That being said, a merger between the No. 3 and No. 4 operators might be a different animal entirely.
Both companies have been very active in M&A this year. Sprint bought spectrum-rich Clearwire, then promptly sold three quarters of itself to Japan's SoftBank. T-Mobile bought MetroPCS, the fifth-largest wireless operator. Bigger rival AT&T has an agreement in place to buy prepaid operator Leap Wireless (dba Cricket Communications) and Verizon just bought Vodafone's 45 percent stake in Verizon Wireless.
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