Tag Archives: merger

Reuters: Sprint getting close to securing $40B financing for T-Mobile deal

A report published by Reuters late last night claims that Sprint is close to securing the necessary finances for its deal to buy T-Mobile. Citing sources familiar with the matter, Sprint has lined up eight banks to fund the acquisition of TMUS. The debt package exceeds $40 billion and includes a bridge loan of roughly $20 billion from Japan‘s Softbank Corp to Sprint, … [read full article]

SoftBank CEO: Less resistance from regulators on merger over the past few months

In an interview with reporters in Tokyo early this morning, Masayoshi Son, SoftBank’s CEO has been discussing the state of the U.S. market and the possibility of consolidation between Sprint and another carrier. He claims that over the past few months there has been new movement from regulators in regard to their feelings on any merger. Son believes there is … [read full article]

Bloomberg: John Legere likely to be CEO of combined Sprint/T-Mobile if deal goes ahead

According to yet another report mentioning the hot topic of the month – Sprint and T-Mobile merging – our enthusiastic CEO, John Legere is likely to remain in charge of the merged company. Bloomberg reports that as negotiations continue, and all the fine details are put in place, John Legere is becoming “increasingly” responsible “for the prospects of an … [read full article]

Sprint, T-Mobile again rumored to be nearing a deal

According to yet another report, Sprint and T-Mobile a close to agreeing a deal to merge. Or, technically speaking, SoftBank – the Japanese carrier which owns Sprint – is close to agreeing a deal to buyout the majority of Deutsche Telekom’s controlling stake in the Magenta-flavored Un-carrier. Bloomberg reports that Sprint will offer around 50% stock and 50% cash for T-Mobile, leaving DT with … [read full article]

Kyodo: SoftBank’s offer to buy T-Mobile accepted by DT

There’s a headline you perhaps didn’t want to read this morning. The morning after its chief appeared on stage at Re/code’s conference, reports are circling that SoftBank’s offer for Deutsche Telekom’s controlling stake in T-Mobile US has been accepted. The news comes via Japanese publication, Kyodo. The site claims that Masayoshi Son proposed the move in a meeting with top T-Mo and DT executives … [read full article]

FCC a little more open to a Sprint, T-Mobile merger?

A report from the Wall Street Journal today states that some commissioners at the FCC aren’t totally against a deal between Sprint and T-Mobile. The deal would see the third and fourth most popular carriers in the States combine and create a much larger carrier, and one which could compete with Verizon and AT&T more effectively. As you’re all aware, in the past, … [read full article]