Backing underdogs like Sprint and T-Mobile makes me think Google may end up owning both.
That would be perfectly fine with me.. a combined Sprint + TMo may be the only way to break up the Verizon + AT&T duopoly.
However, there is one caveat: will Google be sniffing all the traffic it sees on these newly-acquired traffic just to harvest it and sell to advertisers.
I seriously doubt they'd do anything that stupid. I'm guessing it's probably even illegal. At the very least they'd have to spell it out in their privacy guidelines.