Tag Archives: softbank

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]

CWA: Sprint/T-mobile merger would be bad for consumers and workers

If there’s one hot topic in the world of U.S. carriers right now, it’s the rumored takeover of T-Mobile by Japanese carrier, Softbank. Only last year, the company bought a controlling stake in Sprint. And if speculation is to be believed, it’s got its focussed aimed squarely at T-Mobile, currently owned by Deutsche Telekom (mostly). Today, the CWA – or Communications Workers of America – spoke out about the deal, believing it would … [read full article]

Softbank purportedly in final stages of talks to acquire T-Mobile

One rumor that just won’t go away recently is the speculation surrounding Softbank/Sprint’s intention to buy Deutsche Telekom’s controlling share in T-Mobile U.S. And just because it’s Christmas Eve doesn’t mean that those rumors are going quiet. Recent information passed on to Nikkei (as reported by Reuters) suggests that Softbank is in the latter stages of discussions with Deutsche Telekom about buying the now-popular Uncarrier, T-Mobile. There are problems however. As we already … [read full article]

Sprint Chairman and Softbank CEO, Son, said to be approaching banks to finance T-Mobile buyout

It’s fairly old news by now that Sprint is rumored to be looking at buying T-Mobile. As we’ve already heard, it’s Softbank’s CEO that wants to push the deal through, but it’s one that many industry watchers and myself are struggling to make any sense of. The obvious questions like who’s name is going to be kept, or will it be a merger where both … [read full article]

T-Mobile CEO John Legere Says He’s Open To Deals With Sprint, Dish

As T-Mobile’s CEO made the interview rounds yesterday there were a few notable remarks that caught our attention, including some comments made in a brief interview with CNET. It’s here that Legere says he is open to potential combinations with Dish Network and even Sprint. By no means does Legere say he is actively looking at them, but as CEO he has a duty to look at any potential deal and how it would … [read full article]