Tag Archives: Sprint

Sprint, T-Mobile again rumored to be nearing a deal

According to yet another report, Sprint and T-Mobile a close to agreeing a deal to merge. Or, technically speaking, SoftBank – the Japanese carrier which owns Sprint – is close to agreeing a deal to buyout the majority of Deutsche Telekom’s controlling stake in the Magenta-flavored Un-carrier. Bloomberg reports that Sprint will offer around 50% stock and 50% cash for T-Mobile, leaving DT with around 15% ownership of the combined Sprint/T-Mobile company. The … [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]

FCC a little more open to a Sprint, T-Mobile merger?

A report from the Wall Street Journal today states that some commissioners at the FCC aren’t totally against a deal between Sprint and T-Mobile. The deal would see the third and fourth most popular carriers in the States combine and create a much larger carrier, and one which could compete with Verizon and AT&T more effectively. As you’re all aware, in the past, Tom Wheeler Chairman of the FCC has expressed concerns over … [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]

Dish Chairman ponders T-Mobile bid, if Sprint merger comes to nothing

“I wasn’t a very good poker player but when a bunch of drunken fools were throwing money around occasionally I was able to pick up the pot at the end of the day.” Those are the words of Dish Chairman, Charlie Ergen, on his approach to the possibility of bidding for T-Mobile or DirecTV. Dish doesn’t “have the kind of money to go outbid Sprint for T-Mobile or outbid AT&T for DirecTV,” he … [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]

Sprint CEO, Dan Hesse speaks on T-Mo merger and John Legere “egging” him on

Yesterday, Sprint’s CEO Dan Hesse made an appearance on Bloomberg’s Market Matters where he discussed a handful of topics, including the rumored merger of Sprint and T-Mobile as well as his competitive relationship with Magenta’s CEO, John Legere. Of course, all of us want to hear from the horse’s mouth whether or not there’s any truth in the merger rumors. But as you’d expect, Hesse wasn’t keen to outright state “yes, it’s happening”. … [read full article]

AT&T: “No Basis” for T-Mobile or Sprint to be given special treatment at auction

With 9 days to go until the FCC makes a final decision on plans to restrict spectrum auctions, AT&T has once again voiced its opinion that it’s not right to give preferential treatment to the smaller carriers. If they go through, the changes would reserve a percentage of available low-band airwaves for carriers who currently don’t own large amounts. This would obviously make it easier for carriers like Sprint and T-Mobile to acquire … [read full article]