Tag Archives: merger

Sprint CEO, Dan Hesse speaks on T-Mo merger and John Legere “egging” him on

Yesterday, Sprint’s CEO Dan Hesse made an appearance on Bloomberg’s Market Matters where he discussed a handful of topics, including the rumored merger of Sprint and T-Mobile as well as his competitive relationship with Magenta’s CEO, John Legere. Of course, all of us want to hear from the horse’s mouth whether or not there’s any truth in the merger rumors. But as you’d expect, Hesse wasn’t keen to outright state “yes, it’s happening”. … [read full article]

Does T-Mobile really “need” a Sprint merger to be competitive?

The dust has settled, and we’ve started a new week. But don’t let that fool you in to thinking that T-Mobile and Sprint’s rumored merger won’t be mentioned. Predictably, after the earnings call and Q1 results were announced, analysts jumped on the news with their view on what the carrier’s doing right, what it’s doing wrong and what it needs for future success. One such analyst is well-respected Walter Piecyk who reports on T-Mobile’s return to revenue … [read full article]

SoftBank CEO confirms interest in buying T-Mobile, recognizes challenges

In a television interview yesterday evening, Sprint Chairman, and SoftBank CEO, Masayoshi Son confirmed that he was interested in a deal to buy T-Mobile. The deal would combine Sprint and T-Mobile in some form of merger and help bring them in to a “real fight” with AT&T and Verizon. He believes a deal would create a “massive price war” between the nation’s four biggest carriers. Of course, he knows that a merger isn’t … [read full article]

Son, SoftBank CEO seeking U.S. public support for Sprint/T-Mobile merger

Just when you thought we’d heard the last of Sprint and T-Mobile joining forces, a report today states that Softbank and Sprint’s chairman, Masayoshi Son will be meeting with the Chamber of Commerce. His desire is – according to WSJ – to lobby policy makers and business owners to support mergers in the wireless market. “Son plans to make a presentation to the Chamber of Commerce in Washington on March 11 … [read full article]

SoftBank & Sprint regrouping to re-think bid, “surprised” by strong opposition

Another report, published yesterday by WSJ states that Sprint and SoftBank executives are regrouping to re-think its potential move to acquire T-Mobile. While many of us aren’t at all shocked, SoftBank and Sprint’s executives have been “surprised by the level of opposition and its public nature”. Although they were certainly expecting some opposition, and always assumed it would need to put forward a strong case for the proposed acquisition, the opposition they have … [read full article]

SoftBank CEO meeting with FCC today, T-Mobile merger discussion on the agenda

Until SoftBank/Sprint makes an official bid for Deutsche Telekom’s controlling stake in T-Mobile US or makes an official statement that it’s not interested, rumors will continue regarding the possible merger. Today, WSJ reports that Masayoshi Son, CEO of SoftBank and Dan Hesse, CEO of Sprint will be meeting with the FCC. Although there are many things to be discussed during the meeting, it’s expected that Son will put forward a case to try … [read full article]

Legere okay with Sprint/T-Mobile merger as long as he’s in charge?

John Legere has become one of the most prominent figures in the wireless industry since taking over at T-Mobile around 16 months ago. Thanks to his style, demeanor and business approach, he – and T-Mobile with him – has become unavoidable. Whether or not its just a public persona for the sole purpose of personifying T-Mobile’s new-found Maverick brand will be argued for a while yet. In an interview with NPR a couple … [read full article]

T-Mobile Execs Explain Why AT&T Is Target Of Company Marketing, Possible Sprint Merger

T-Mobile’s targeting of AT&T inside their marketing campaigns has certainly brought plenty of attention and T-Mobile’s Chief Marketing Officer Mike Sievert explained why  at an Investor conference earlier this morning. Sievert explained that T-Mobile focuses its attention on AT&T because it has the largest group of dissatisfied customers: “They combine two things: being big and being bad.” While Sprint may … [read full article]

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]