Tag Archives: softbank

Will SoftBank turn its attention to Vodafone after being put off T-Mobile?

Will they, won’t they? A month back it seemed like SoftBank’s CEO, Masayoshi Son had just one thing on his mind: Buying T-Mobile and merging it with his other property, Sprint. To most of Team Magenta, it sounded like a bad idea right from the off. Just when Tmo seemed to be doing really well, here comes news that it might get swallowed up by a bigger company from another land. For some, … [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]

DT Chief: T-Mobile sale unlikely in the near term

After months of speculation regarding SoftBank’s proposed takeover of Deutsche Telekom’s controlling stake in T-Mobile, it seems those rumors can be laid to rest. At least for a short while. A report by Bloomberg states that DT’s CEO, Tim Hoettges told company directors yesterday that a sale of its US carrier is unlikely to happen in the near future due to “regulatory hurdles”. In recent times we’ve heard plenty of reports that SoftBank’s CEO, … [read full article]

Reuters: Deutsche Telekom keen on U.S. exit, but in no longer in a rush to sell

A fresh report this morning claims that Deutsche Telekom is keen on selling T-Mobile as it seeks to exit the U.S. market place. According to Reuters‘ sources “familiar with the matter“, it sees its 4th position behind the likes of Verizon, AT&T and Sprint as “limiting long-term profitability“. Although T-Mobile’s position as the #4 is one of the reasons behind wanting to sell, its biggest concern is close to home in Europe. Currently, … [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]

Department of Justice expresses concerns over Sprint/T-Mobile merger in meeting with Sprint

When rumors of a Softbank takeover of T-Mobile first emerged, there were – as expected – mixed responses. T-Mobile is in its strongest position for years, and there are obviously concerns that the progress Magenta has made over the past 12 months could be negated by a takeover. On the other hand, Sprint is a “pile of spectrum” waiting to be used – according to Legere – and could prove useful to expanding … [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]