Tag Archives: Sprint

SoftBank CEO: Less resistance from regulators on merger over the past few months

In an interview with reporters in Tokyo early this morning, Masayoshi Son, SoftBank’s CEO has been discussing the state of the U.S. market and the possibility of consolidation between Sprint and another carrier. He claims that over the past few months there has been new movement from regulators in regard to their feelings on any merger. Son believes there is less resistance now than there was at the beginning of the year, and … [read full article]

T-Mobile brand to remain if Sprint merger’s approved, $2B compensation if blocked?

You may be sick to the back teeth of analysis and speculation on the purported deal between Deutsche Telekom and SoftBank to merge Sprint and T-Mobile in to one giant carrier capable of matching Verizon and AT&T. But, some further rumor mill spinning took place today at CNBC. And – if true – it could see the success, or failure of a merger leaving T-Mo in a better state than it is now. … [read full article]

T-Mobile and Sprint users’ mobile data consumption soars above VZW/ATT

Over the past year, both Sprint and T-Mobile have made changes to their plans to make them more competitive, undercutting their main rivals and being more generous with mobile internet allowances usage. And it’s starting to pay off – for the consumer – if data collected by Macquarie Capital is anything to go by. In the first quarter of this year, T-Mobile users on average used over 2.5GB of mobile data each month, with … [read full article]

Bloomberg: John Legere likely to be CEO of combined Sprint/T-Mobile if deal goes ahead

According to yet another report mentioning the hot topic of the month – Sprint and T-Mobile merging – our enthusiastic CEO, John Legere is likely to remain in charge of the merged company. Bloomberg reports that as negotiations continue, and all the fine details are put in place, John Legere is becoming “increasingly” responsible “for the prospects of an enlarged company.”  John Legere, the chief executive officer of T-Mobile who’s known for wearing … [read full article]

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]