Tag Archives: Sprint

DT Chief: T-Mobile sale unlikely in the near term

After months of speculation regarding SoftBank’s proposed takeover of Deutsche Telekom’s controlling stake in T-Mobile, it seems those rumors can be laid to rest. At least for a short while. A report by Bloomberg states that DT’s CEO, Tim Hoettges told company directors yesterday that a sale of its US carrier is unlikely to happen in the near future due to “regulatory hurdles”. In recent times we’ve heard plenty of reports that SoftBank’s CEO, … [read full article]

Son, SoftBank CEO seeking U.S. public support for Sprint/T-Mobile merger

Just when you thought we’d heard the last of Sprint and T-Mobile joining forces, a report today states that Softbank and Sprint’s chairman, Masayoshi Son will be meeting with the Chamber of Commerce. His desire is – according to WSJ – to lobby policy makers and business owners to support mergers in the wireless market. “Son plans to make a presentation to the Chamber of Commerce in Washington on March 11 … [read full article]

Reuters: Deutsche Telekom keen on U.S. exit, but in no longer in a rush to sell

A fresh report this morning claims that Deutsche Telekom is keen on selling T-Mobile as it seeks to exit the U.S. market place. According to Reuters‘ sources “familiar with the matter“, it sees its 4th position behind the likes of Verizon, AT&T and Sprint as “limiting long-term profitability“. Although T-Mobile’s position as the #4 is one of the reasons behind wanting to sell, its biggest concern is close to home in Europe. Currently, … [read full article]

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]