Report: Sprint planning summer T-Mobile bid
Bloomberg reports tonight that T-Mobile is to become subject to a buyout offer from Sprint. It’s not something we haven’t heard before, but this news comes after SoftBank/Sprint met with banks to make debt arrangements for the offer. The site’s sources claim that Sprint’s CFO, Joe Euteneuer and Treasurer, Greg Block met with six banks to make sure lenders were ready with financing packages in place for … [read full article]