Tag Archives: Sprint

Sprint Says Competition Is “American,” AT&T Says Whatever, We Rule

Sprint is really pulling out the punches in their effort to stop the proposed AT&T merger ahead of next weeks Senate hearing. Sprint’s hopes to derail the battle took to the front lines today with a print ad running in a number of newspapers and journals around the country. In just 24 lines of text  laid out in an almost poetic like form Sprint makes no mention of T-Mobile or AT&T for … [read full article]

Sprint Asking State Regulators To Review AT&T/T-Mobile Deal

If Sprint hasn’t already solidified their position as the greatest vocal opponent to the proposed AT&T acquisition of T-Mobile, yesterday’s West Virginia filing may cement it. Sprint has asked West Virginia state regulators to review the proposed $39 billion dollar purchase with Sprint expecting to file similar requests in other states as well. “Clearly the interest of the public in this state will be adversely affected by the proposed merger because it … [read full article]

Sprint Releases Official Statement In Opposition Of AT&T / T-Mobile Merger

While Sprint CEO Dan Hesse has already stated his position on the proposed AT&T and T-Mobile merger, Sprint has now released a formal statement in opposition. In no uncertain terms Sprint calls any passage of the deal a path to a duopoly in the marketplace with AT&T and Verizon “overwhelmingly” controlling the US wireless market. I couldn’t agree with Sprint anymore and yet our concerns go beyond the “duopoly” Sprint accuses … [read full article]

Analysts Say AT&T Will Have To Divest Part Of T-Mobile, Possibly To Sprint

The T-Mobile AT&T news just keeps on kicking with analysts from Citadel Securities proposing that not only would AT&T have to make major concessions for FCC and DOJ approval, that Sprint could wind up a major winner as part of any deal passage. Citadel Security analysts are suggesting that AT&T executives are downplaying the scale that will be required in order to receive government approval. “AT&T has said it expects to … [read full article]

Clearwire CEO Opposes AT&T And T-Mobile Deal

Chalk up another wireless CEO upset at the prospect of AT&T and T-Mobile coming together in holy matrimony. Clearwire’s interim CEO John Stanton (a former CEO of T-Mobile USA) expresses a high level of concern with the possible deal. Stanton criticized the deal calling it a “huge challenge to competition in the industry.” On top of that statement Stanton also stated that a potential deal “…represents something we’re seriously concerned with.” Stanton … [read full article]

Sprint Releases Statement Expressing Thoughts On AT&T Acquisition of T-Mobile USA

Its about time! Sprint has officially voiced its opinion on the $39 billion AT&T acquisition of T-Mobile USA. Earlier this month, discussions between Deutsche Telekom and Sprint were heating up for a possible acquisition of T-Mobile USA by Sprint and it was almost certain that Sprint would purchase Magenta. It looks like it didn’t turn out the way Sprint wanted. Sprint’s statement is as follows: “The combination of AT&T and T-Mobile USA, if approved … [read full article]

T-Mobile CEO Philip Humm Discusses Sprint Buyout Rumors

It’s not unusual for large corporations to respond to certain rumors involving sales/acquisitions/buyouts especially those that have been ongoing for some time. We just received this letter written by Philip Humm, T-Mobile CEO in response to the ongoing rumors that once again surfaced. As expected, it’s a non-denial response that in our estimation leaves open any and all options for the company to pursue. There is nothing here that I can read … [read full article]

My Take On A Sprint/T-Mobile Merger/Acquisition/Buyout/Sale/Purchase/Transaction/

While I like to jokingly consider myself T-Mobile’s number one fan, it’s hard to argue that its position in the wireless marketplace is looking good. After a disappointing fourth quarter in 2010, we’re back today with yet another round of rumors and tech talk regarding a potential deal with Sprint. Only this time, things are a little different since, as Bloomberg reported earlier, Sprint would actually be the buyer this time. I’ve … [read full article]

Deutsche Telekom Considering T-Mobile USA Sale To Sprint?

If you may recall, just last week, Deutsche Telekom CFO Timotheus Hoettges ruled out rumors of DT selling its U.S branch. But now, a new report from Bloomberg suggests that Sprint is in talks with DT to acquire T-Mobile USA. According to people with knowledge of the matter, Sprint Nextel Corp. and Deutsche Telekom are holding meetings to discuss a possible acquisition. Citing multiple anonymous sources, Bloomberg states that discussions have been on … [read full article]