Tag Archives: merger

T-Mobile executives talk merger, say Sprint is a logical partner

There’s been lots of speculation regarding a Sprint-T-Mobile merger lately, including news that Sprint and SoftBank have started informal talks about a deal with T-Mo parent company Deutsche Telekom. Now T-Mobile itself has chimed in on the matter. During an investors conference earlier today, T-Mobile CFO Braxton Carter said that he expects merger talks to happen now that the FCC’s 600MHz auction and its quiet period have ended. “It’s not a question of will talks … [read full article]

Sprint, SoftBank reportedly start informal talks with Deutsche Telekom about T-Mobile merger

After both the parent companies of Sprint and T-Mobile discussed merger deals earlier this week, a new report claims that talks between those companies have begun. Executives from both SoftBank and Sprint have started informal talks with Deutsche Telekom about a Sprint-T-Mobile merger, according to sources speaking to Bloomberg. The talks are still preliminary, and no banks have been hired yet to help work out a deal. Considering that both the CEOs of SoftBank … [read full article]

Deutsche Telekom CEO says wireless merger talks likely to happen soon, T-Mobile US included

One day after SoftBank CEO Masayoshi Son expressed interested in getting Sprint-T-Mobile deal talks going, the CEO of T-Mo’s parent company has brought up mergers, too. Deutsche Telekom CEO Tim Hoettges has said that it’s likely that wireless merger talks will soon begin and that T-Mobile US will be included in those talks. “It is not only permitted and possible, but now very likely that discussions will get under way concerning various potential strategic combinations … [read full article]

SoftBank reportedly still interested in T-Mobile-Sprint merger

The rumors of a T-Mobile-Sprint merger are back. A new report from Reuters claims that SoftBank is willing to give up its control of Sprint to T-Mobile parent company Deutsche Telekom in order to get a T-Mo-Sprint merger done. While SoftBank would reportedly discuss different deals, sources say that the company is willing to cede control of Sprint and then get a minority stake in a combined T-Mo-Sprint. SoftBank hasn’t actually approached Deutsche Telekom regarding a … [read full article]

T-Mobile CEO John Legere talks Sprint, possibility of merger

Following today’s Un-carrier Next announcement, T-Mobile CEO John Legere took some questions from the media. And unsurprisingly, a question about Sprint came up. Legere was asked about the possibilities of a merger with SoftBank and Sprint with President Donald Trump and a new FCC. According to The Verge, T-Mobile’s CEO didn’t come out and say definitively yes or no to a T-Mobile-Sprint merger, but he did say that it was a possible outcome under the new administration. … [read full article]

Bloomberg: Iliad set to bid for larger stake in T-Mobile

According to Bloomberg‘s “in the know” sources, French carrier Iliad is planning to bid for a larger stake in T-Mobile US than it had originally sought earlier in the year. “The plan for a new bid comes after Iliad had some success signing up financial partners to back its efforts, the people said. The company held talks with potential investors including buyout firm KKR & Co., people with knowledge of the matter said … [read full article]

Perfect T-Mobile partner needs to have spectrum and customers, makes Iliad buyout unlikely

There’s no two ways about it: T-Mobile is an attractive company right now. It’s disrupting the wireless industry, expanding its network and taking customers from its competitors at a rate of 3:1*, and of all 4 major carriers, it has the best public image and appeal. What’s more, Deutsche Telekom wants to get rid. Not because T-Mobile is unsuccessful, but because it needs to focus its efforts on competing in Europe. But what … [read full article]

SoftBank chief on failed Sprint/T-Mobile deal: “No Comment”

At the end of one of the most interesting weeks in wireless so far year, SoftBank’s chief, Masayoshi Son, fielded questions from reporters on the ordeal during the Japanese carrier’s Q2 earnings announcement. According to people in the know, his company backed out of its planned deal to buy a controlling stake in T-Mobile. This – of course – meant no merger between Sprint and T-Mobile. The … [read full article]

WSJ: Sprint, T-Mobile merger is off

“And there was much rejoicing.” The Wall Street Journal reports that Sprint has decided to give up its plans on merging with T-Mobile. According to its anonymous sources, both SoftBank and Sprint feel that winning the approval of U.S. regulators will be too difficult. Sprint had been working on a bid for T-Mobile for months while studying regulatory opposition. Officials at both the Justice Department and the Federal Communications Commission had signaled … [read full article]

French telecoms company, Iliad makes bid for T-Mobile [UPDATE x2: Rejected]

A fresh report today from the Wall Street Journal claims that T-Mobile US has a new suitor in French telecommunications company, Iliad. The company has allegedly made a buyout offer for the carrier, in an attempt to compete against SoftBank/Sprint.  During the earnings call’s Q&A section earlier today, John Legere stated that T-Mobile was looking at various options for growing … [read full article]