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 … [read full article]
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 … [read full article]
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 … [read full article]
“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 … [read full article]
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 [read full article]
By now I’m sure you’ve all read, digested and formed your own opinions on T-Mobile’s Q2 earnings report published this morning. To round it up, T-Mo’s executives went over the highlights in one of its usual live-streamed conference calls. Among the highlights were: Tablet sales in Q2 were 5 times that of Q1 2014 6.2 million phones sold, 93% were smartphones 80% … [read full article]
Yesterday we read that any announcement of a T-Mobile and Sprint merger could be pushed back to September so those involved had enough time to prepare a robust case to put forward to regulators. Today, Wall Street Journal … [read full article]
The ongoing negotiations behind closed doors between SoftBank, Sprint, T-Mobile and Deutsche Telekom are set to go on a little longer according to the most recent report by Reuters. The site’s sources claim that the companies are working diligently on a detailed case to put before U.S. regulators who – up until now – have seemed [read full article]
In an exclusive scoop over at Bloomberg it’s been revealed that Masayoshi Son is ready to play the long game when it comes to SoftBank/Sprint’s purchase of T-Mobile US from Deutsche Telekom. The site’s sources claim that the wealthy business man is asking banks to commit financing for a “longer-than-usual amount of time.” In response, … [read full article]
A report from Asian publication, Nikkei, claims that SoftBank is nearing a deal which would pave the way for the long-rumored Sprint, T-Mobile merger. The report claims that the basic agreement between the Japanese carrier and Deutsche Telekom is in place, and just the final details need ironing out. SoftBank is purportedly seeking to buy more than 50% of T-Mobile US … [read full article]
