Tag Archives: Deutsche Telekom

T-Mobile, Sprint confirm updated merger agreement

Just as was rumored, T-Mobile and Sprint have now confirmed that they’ve updated their merger agreement. The new agreement includes an exchange ratio of 11.00 Sprint shares for each T-Mobile share, up from the original agreement of 9.75 Sprint shares. SoftBank, Sprint’s owner, has agreed to surrender 48.8 million T-Mobile shares acquired in the merger to the New T-Mobile, making SoftBank’s effective ratio 11.31 shares per T-Mo share. Sprint shareholders other than SoftBank will continue to … [read full article]

T-Mobile and Sprint reportedly close to new merger terms

We’ve heard rumblings recently that T-Mobile and Sprint may be working on new terms for their merger, and now it sounds like an updated deal could be close. T-Mobile and Sprint are said to be “close” to agreeing on a new deal and that they’re planning to announce it as soon as today. That’s according to sources speaking to the Wall Street Journal, who caution that the situation is “still fluid” and that the announcement could … [read full article]

Deutsche Telekom reportedly wants to renegotiate price of T-Mobile-Sprint merger

T-Mobile and Sprint won in the courtroom this week when a judge rejected a state lawsuit that sought to block the carriers’ merger, but their deal isn’t quite done yet. A new report says that before the merger happens, Deutsche Telekom wants to renegotiate the terms of the deal. It’s said that T-Mobile parent company Deutsche Telekom wants a lower price for the deal because Sprint’s shares have been trading below the level they were at … [read full article]

T-Mobile employees ask DT CEO for assurance that their jobs will be safe after Sprint merger

One of the main arguments that opponents of the T-Mobile and Sprint merger make is that it will lead to job losses. T-Mobile says that the combined company “will be a job creator”, but now a group of T-Mo employees want a guarantee that their job will be safe if the merger is completed. A group called T-Mobile Workers United delivered a letter for Deutsche Telekom CEO Timotheus Höttges this week during a meeting with employee … [read full article]

Justice Department will reportedly sue to block T-Mobile-Sprint merger if Dish deal isn’t done next week

There’s been a lot of back and forth, will-they-or-won’t-they lately with T-Mobile, Sprint, and Dish Network’s negotiations related to the T-Mo-Sprint merger, but according to a new report, we may finally, finally be close to a resolution. The Department of Justice will sue to block T-Mobile and Sprint’s merger if T-Mo, Sprint, Dish, and T-Mobile parent company Deutsche Telekom don’t reach an agreement on their deal by next week. That’s according to CNBC, citing “people familiar … [read full article]

Google reportedly in talks with Dish Network about creating fourth U.S. carrier

Many of the recent reports surrounding the T-Mobile-Sprint merger have suggested that Dish Network will buy assets from the two carriers and help to create a fourth competitive U.S. carrier, satisfying the Department of Justice so that it will approve the merger. But now another major company may be getting involved in the deal. Google is reportedly in talks with Dish to create a fourth carrier in the U.S. That’s according to the [read full article]

Dish and T-Mobile reportedly agree on divestiture deal

There’s been a lot of talk in recent weeks about talks between Dish Network, T-Mobile, and T-Mo parent company Deutsche Telekom about a deal that would help get the T-Mobile-Sprint merger approved by regulators, and now a report says that Dish and T-Mo have reached an agreement. T-Mobile and Dish have agreed to a divestiture deal related to T-Mobile’s proposed merger with Sprint, according to sources speaking to CNBC. The details of the deal aren’t … [read full article]

Dish said to appeal to Deutsche Telekom for T-Mobile-Sprint deal as negotiations continue

T-Mobile and Sprint haven’t been talking publicly about their merger much lately, but the rumor mill is working to keep up in the loop with leaks and other info. Dish Network chairman Charlie Ergen is reportedly in talks with U.S. regulators and T-Mobile parent company Deutsche Telekom about a deal that would see Dish become a competitive fourth U.S. carrier, satisfying the Department of Justice and helping T-Mobile and Sprint’s merger get approval. According to [read full article]

T-Mobile and Sprint parent companies may ditch Huawei equipment to help gain merger approval

T-Mobile and Sprint’s parent companies are reportedly making big moves to help get the T-Mo-Sprint merger approved. T-Mobile parent company Deutsche Telekom and Sprint parent company SoftBank have said that they will consider ending their use of Huawei network equipment, according to a report from Reuters. Deutsche Telekom has said that it’s reviewing its vendor plans in Germany and other markets. It’s said that U.S. government officials have been pressuring Deutsche Telekom to stop using … [read full article]

T-Mobile gets shareholder approval for Sprint merger

Following the news that the New York Attorney General is giving the proposed T-Mobile-Sprint merger some extra scrutiny, some better news for the deal has emerged. T-Mobile has received shareholder approval for its merger with Sprint. Deutsche Telekom Holding B.V., which holds 63.5 percent of T-Mobile Common Stock, gave T-Mo a written consent in favor of proposals to approve the issuance of shares of common stock as well as the amendment and restatement of the … [read full article]