Tag Archives: Sprint

Fallout from last night: Hesse gone, Legere “welcomes” new Sprint CEO, stocks tank and more…

It’s been interesting watching the internet react to last night’s developments. For those who may have missed it: Sprint gave up on its plan to merge with T-Mobile, and since then, all hell has broken loose. . 1. Stocks Tank It’d be foolish to assume that company stock value wouldn’t be affected by the major news, and neither T-Mobile nor Sprint came out unscathed. TMUS dropped … [read full article]

WSJ: Sprint, T-Mobile merger is off

“And there was much rejoicing.” The Wall Street Journal reports that Sprint has decided to give up its plans on merging with T-Mobile. According to its anonymous sources, both SoftBank and Sprint feel that winning the approval of U.S. regulators will be too difficult. Sprint had been working on a bid for T-Mobile for months while studying regulatory opposition. Officials at both the Justice Department and the Federal Communications Commission had … [read full article]

Iliad in talks with Dish, Charter Communications and others to raise bid for T-Mobile?

Earlier today we read a report stating that T-Mobile will officially reject the well-documented approach from Iliad. The French communications company seems persistent, however, as another new report claims that Iliad is look at other means of raising investment so that it can improve its offer. Reuters reports: French telecom firm Iliad (ILD.PA) is in talks with investors to improve its … [read full article]

Market responds to Iliad’s T-Mobile buyout offer: TMUS value climbs, Sprint and Iliad values fall

Watching how analysts and investors interpret certain events in the technology industry has the tendency to throw up some surprises, and often times almost makes for interesting reading. Yesterday, following reports that French Telecom giant, Iliad wants to buy T-Mobile, the news affected three service providers’ value. In regards to T-Mobile (TMUS), it seems as though the extra interest in buying … [read full article]

French telecoms company, Iliad makes bid for T-Mobile [UPDATE x2: Rejected]

A fresh report today from the Wall Street Journal claims that T-Mobile US has a new suitor in French telecommunications company, Iliad. The company has allegedly made a buyout offer for the carrier, in an attempt to compete against SoftBank/Sprint.  During the earnings call’s Q&A section earlier today, John Legere stated that T-Mobile was looking at various options for growing … [read full article]

T-Mobile Q2 earnings call takeaway: We don’t need merger to succeed

By now I’m sure you’ve all read, digested and formed your own opinions on T-Mobile’s Q2 earnings report published this morning. To round it up, T-Mo’s executives went over the highlights in one of its usual live-streamed conference calls. Among the highlights were: Tablet sales in Q2 were 5 times that of Q1 2014 6.2 million phones sold, 93% were smartphones 80% of postpaid customers are now on Simple Choice plans $7.2 billion … [read full article]

WSJ: No rush for Sprint, T-Mobile merger announcement due to its public nature

Yesterday we read that any announcement of a T-Mobile and Sprint merger could be pushed back to September so those involved had enough time to prepare a robust case to put forward to regulators. Today, Wall Street Journal reports that there are many reasons for the purported waiting game.  In an enlightening article, it reveals code-names given to four parties and to the deal … [read full article]

T-Mobile, Sprint merger evaluation by FCC & DoJ could take at least 12 months if deal goes official

In an exclusive scoop over at Bloomberg it’s been revealed that Masayoshi Son is ready to play the long game when it comes to SoftBank/Sprint’s purchase of T-Mobile US from Deutsche Telekom. The site’s sources claim that the wealthy business man is asking banks to commit financing for a “longer-than-usual amount of time.” In response, the financial institutions are wanting higher fees, since they are expecting the deal to take a long time … [read full article]