Tag Archives: softbank

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]

Deutsche Telekom chief expresses doubt over any merger approval

Yet another day in the world of T-Mobile, and yet another day with news of a possible T-Mobile merger in the U.S. Like many before him, Deustche Telekom’s CEO Tim Hoettges has realized the potential behind a merger with another carrier, but recognizes the struggles and legal barriers in place. On a conference discussing DT’s Q1 earnings, Hoettges remarked that he is open to creating a “super maverick” carrier in the U.S. In … [read full article]

Report: Sprint planning summer T-Mobile bid

Bloomberg reports tonight that T-Mobile is to become subject to a buyout offer from Sprint. It’s not something we haven’t heard before, but this news comes after SoftBank/Sprint met with banks to make debt arrangements for the offer. The site’s sources claim that Sprint’s CFO, Joe Euteneuer and Treasurer, Greg Block met with six banks to make sure lenders were ready with financing packages in place for when Sprint decides to push the … [read full article]

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]