Tag Archives: Acquisitions

T-Mobile will reportedly purchase Shentel’s wireless business for $1.95 billion

t-mobile-will-reportedly-buy-shentel-wireless-business-$1.95-billion

T-Mobile has made some big decisions for the company. Earlier today, the company revealed that it plans to buy the wireless assets of regional operator, Shentel. According to the report, this acquisition will include around 1.1 million mobile customers from the areas of Virginia, West Virginia, Ohio, Kentucky, Maryland, and Pennsylvania. The report also shares that the acquisition will cost a total of $1.95 billion.  Shentel has long been an affiliate of Sprint. Even though it … [read full article]

Sprint Receives Subpoenas From Nine States Over T-Mobile Deal

While Sprint may be at the forefront of the AT&T/T-Mobile opposition they aren’t alone in facing scrutiny from the government over the deal. It’s been confirmed via Reuters that Sprint has received subpoenas from nine states in connection with the anti-trust review of AT&T’s takeover of T-Mobile. A letter dated June 28th to the FCC Sprint stated it had received the subpoenas and civil investigation demands for all the materials it has … [read full article]

Will An AT&T Acquisition Of T-Mobile Really Happen?

A lot of T-Mobile subscribers are dreading the fact that AT&T has officially struck a deal with Deutsche Telekom to acquire T-Mobile USA for $39 billion. Heck, even Sprint is pissed off. But, while the companies have signed a definitive deal, it still has to be approved by the Department of Justice (DOJ) and Federal Communications Commission (FCC). This process can take up to 6 months or more. Credit Suisse analyst Jonathan Chaplin … [read full article]

Sprint Releases Statement Expressing Thoughts On AT&T Acquisition of T-Mobile USA

Its about time! Sprint has officially voiced its opinion on the $39 billion AT&T acquisition of T-Mobile USA. Earlier this month, discussions between Deutsche Telekom and Sprint were heating up for a possible acquisition of T-Mobile USA by Sprint and it was almost certain that Sprint would purchase Magenta. It looks like it didn’t turn out the way Sprint wanted. Sprint’s statement is as follows: “The combination of AT&T and T-Mobile USA, if approved … [read full article]

T-Mobile Posts Question & Answer On AT&T Acquisition

Following today’s announcement of AT&T acquisition of T-Mobile USA, T-Mobile has posted a Q&A answering several frequently asked questions. And one question a majority of you might be wondering is whether T-Mobile will be getting the iPhone. All the answers to your questions below! Leave your thoughts in the comments! An agreement was announced under which AT&T will acquire T-Mobile USA. The agreement is the first step in a process that, including regulatory approvals, is expected to be completed in approximately 12 … [read full article]

BREAKING: AT&T Acquires T-Mobile From Deutsche Telekom

Wow, wow, wow…AT&T just announced it is acquiring T-Mobile USA from Deutsche Telekom. I don’t know even know what to say…full press release follows: AT&T to Acquire T-Mobile USA from Deutsche Telekom Provides Fast, Efficient and Certain Solution to Impending Spectrum Exhaust Challenges Facing AT&T and T-Mobile USA in Key Markets Due to Explosive Demand for Mobile Broadband Enhances Network Capacity, Output and Quality in Near … [read full article]