Tag Archives: Acquisition

Analysts Continue To See Sprint, T-Mobile Merger As Increasingly Unlikely

Well, it’s been a little over a week since we’ve had any stories about T-Mobile and XXXX as a target for a potential buyout or merger. That’s good news (though not a record) and analysts continue to express doubts that a deal with Sprint is likely given T-Mobile’s “revival” and Sprint’s 4G network upgrade. Craig Moffett, of Moffett Research is just one of a many wireless analysts throwing a wrench in the … [read full article]

Dish CEO Charlie Ergen Talks Challenges To Potential T-Mobile Merger

The sign in the lobby of the corporate headquarters of Dish Network is seen in the Denver suburb of Englewood

Rumors of a Dish Network, T-Mobile tie-up never seem to go away but a new sound bite from Dish CEO Charlie Ergen might quell some of those rumors. As Dish Network posted their second-quarter financial results, there’s plenty of lingering conversation about how Dish will break into the wireless space. When the topic finally turned to a potential T-Mobile tie-up, Ergen stated that any deal with T-Mobile “may be a … [read full article]

Investor Sees T-Mobile As Takeover Target For Dish Network, Sprint

John Paulson, the billionaire hedge-fund manager and one-time opponent of the T-Mobile/MetroPCS rumor is now calling the new company a “likely takeover target” for Dish Network or Sprint. Paulson, who become a 2.3 percent shareholder in T-Mobile US when the company merged with MetroPCS will hold his stake in the company in anticipation of more consolidation in the industry. Paulson sent a letter to clients today, which was obtained by Bloomberg News … [read full article]

AT&T To Acquire Leap Wireless For $1.19 Billion Dollars

In a slightly shocking move, AT&T announced it has agreed to acquire Leap Wireless for $1.19 billion in cash. The deal, which works out to $15 per share for Leap shareholders is a 88% premium on the Leap closing price this afternoon. AT&T announced the deal includes Leap’s licenses, network assets, retail stores and around five million subscribers. Leap has long been tossed around as a possible acquisition target for T-Mobile[read full article]

Will T-Mobile Consider Making A Run At Leap Wireless?

There hasn’t been a shortage of T-Mobile takeover, merger, acquisition rumors in as long as I can remember, but at least this time around T-Mobile is yet again considered a potential buyer. According to Macquarie Capital analyst Kevin Smithen the timing may be right for a T-Mobile takeover of Leap Wireless. “T-Mobile’s share price has appreciated from around $15-per-share to $24-per-share, making a stock deal for Leap more palatable in our view,” … [read full article]

AT&T CEO Admits Poor Execution Doomed T-Mobile Deal

80171-at-t-inc-ceo-randall-stephenson-announces-his-companys-proposal-to-buy

In a move that will surprise no one, AT&T CEO Randall Stephenson has finally admitted that poor execution doomed his attempt to take over T-Mobile. During an interview with Phil Weiser, dean of the University of Colorado Law School, Stephenson admitted that the failed deal was one of his worst moments as CEO. “I wouldn’t say it was a bad decision, but it was a decision that didn’t go the way I wanted,” … [read full article]

T-Mobile, MetroPCS Merger Talks Began Two Days After AT&T Talks Ended

A preliminary proxy statement filed with the FCC last week by MetroPCS is yielding all sorts of interesting info on their proposed deal with T-Mobile. In fact, the most notable piece of information might be the date talks began, just two days after the deal with AT&T fell apart. That means that Deutsche Telekom and MetroPCS began discussions on December 21st of 2011. Also contained in the filing is a list … [read full article]

So, When AT&T Said It Needed T-Mobile For LTE, It Wasn’t Being Completely Honest

If I can take you back to last year, and the AT&T, T-Mobile acquisition mind frame you might recall that a large part of AT&T’s desire to grab T-Mobile was for spectrum. Spectrum, as you’ll recall was what AT&T said was necessary for them to be able to rival other carriers (see: Verizon) with nationwide LTE. Well, as of this Wednesday AT&T has been singing a different tune, stating that their … [read full article]

T-Mobile CTO Neville Ray Says Hurricane Sandy Will Delay Some 1900MHz HSPA+ Deployments

During a keynote speech at the 4G World Trade Show in Chicago, T-Mobile’s CTO told attendees that Hurricane Sandy will force the company to delay some deployments of its HSPA+ technology in the 1900MHz spectrum. Ray did tell those in attendance that the company has completed “95 percent of the refarming of its 1900MHz spectrum for HSPA+, will launch … [read full article]