Tag Archives: softbank

WSJ: No rush for Sprint, T-Mobile merger announcement due to its public nature

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 reports that there are many reasons for the purported waiting game.  In an enlightening article, it reveals code-names given to four parties and to the deal … [read full article]

T-Mobile, Sprint merger evaluation by FCC & DoJ could take at least 12 months if deal goes official

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, the financial institutions are wanting higher fees, since they are expecting the deal to take a long time … [read full article]

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, as well as some $20 billion refinancing of T-Mobile’s existing debt, … [read full article]

Reuters: Deutsche Telekom to keep minority stake in T-Mobile if SoftBank deal goes through

Earlier on today, reports broke from Japan stating that Deutsche Telekom had accepted a buyout offer from SoftBank for its majority stake in T-Mobile US. We assumed, as many would have, that any deal would see the Japanese carrier take ownership of DT’s entire controlling stake in the Magenta carrier. Later on, however, another report claims that DT is seeking to retain a … [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 earlier this month. Response from Magenta and Deutsche Telekom … [read full article]

Deutsche Telekom wants $1 billion in compensation if proposed Sprint/T-Mobile merger falls through

AT&T failed terribly when it attempted to buy out Deutsche Telekom’s controlling share in T-Mobile US back in 2011. In fact, because of the way the deal was structured and clauses put in place, T-Mo received compensation of around $4 billion including $1 billion worth of wireless spectrum. So it’s no surprise to hear that if a bid from SoftBank was to finally materialise, and a Sprint/T-Mobile merger failed, Deutsche Telekom would want … [read full article]