Tag Archives: merger

T-Mobile and Sprint officially end merger negotiations

It looks like T-Mobile’s final offer to save its merger with Sprint wasn’t enough, because the companies have ended their negotiations. T-Mobile and Sprint announced today that they’ve ceased merger discussions after they were unable to find mutually agreeable terms. T-Mobile CEO John Legere said that while the prospect of combining with Sprint was compelling for many reasons, including creating benefits for consumers, a deal would need to result in superior long-term value for T-Mo … [read full article]

T-Mobile reportedly makes Sprint new offer in an effort to save merger

Just last week, it seemed like a T-Mobile-Sprint merger was a done deal, but now everything’s been thrown into disarray after a rumor said that SoftBank wanted to end the negotiations. A new report has given us an update on the situation. T-Mobile has made a revised merger offer to Sprint, say sources speaking to the Wall Street Journal. Details of the offer are unknown, but it’s said that Sprint’s board spent Thursday discussing this … [read full article]

SoftBank reportedly waiting on final T-Mobile-Sprint merger proposal from Deutsche Telekom

Following the news that SoftBank wants to back out of its T-Mobile-Sprint merger talks, a new report has detailed the final efforts to save the deal. SoftBank is waiting to hear Deutsche Telekom’s final proposal to complete the T-Mobile-Sprint merger that they’ve been negotiating lately. The offer is expected this week, say sources speaking to Bloomberg, and will include how many Sprint shares it’ll accept for each T-Mobile share. It’s rumored that SoftBank wants an … [read full article]

SoftBank reportedly wants to end T-Mobile-Sprint merger negotiations

UPDATE: A new report from the Wall Street Journal also says that SoftBank wants to back out of the T-Mobile merger, while Reuters says that SoftBank is concerned about losing control of the combined company. Meanwhile, a report from CNBC claims that while there are some struggles in the talks, SoftBank is not planning to back out of the deal.   ORIGINAL: There have been many reports in recent weeks suggesting that a T-Mobile-Sprint merger was all … [read full article]

More details on T-Mobile and Sprint merger leak, companies prepping business and network integration plans

Both T-Mobile and Sprint’s earnings announcements have come and gone without any peep of a merger, but new reports say that work on the deal is ongoing. First up, a report claims that T-Mobile and Sprint as well as parent companies Deutsche Telekom and SoftBank are still hammering out the details of a merger. There’s no finalized deal, say sources speaking to the Wall Street Journal, but the broad outlines have reportedly been settled. … [read full article]

T-Mobile and Sprint likely to delay merger announcement, report says

Recent rumors have said that T-Mobile and Sprint could announce their merger as soon as late October, but now it sounds like those plans have been pushed back. Sprint and T-Mobile might delay their merger announcement until “two or three weeks” after their quarterly earnings announcements. That’s according to sources speaking to Bloomberg, who explain that it’s unlikely that the two carriers will be able to finalize the details of their deal by the end … [read full article]

T-Mobile and Sprint reportedly not planning immediate asset sales in merger

More details on the rumored T-Mobile-Sprint merger have trickled out. First up, a report from Nikkei Asian Review says that SoftBank has reached an agreement to merge Sprint with T-Mobile. SoftBank and Deutsche Telekom, parent companies of Sprint and T-Mo, will reportedly start working on ownership ratios and other details of the deal soon. Another report says that T-Mobile and Sprint plan to announce their merger without any immediate asset sales. The carriers want to … [read full article]

U.S. Justice Department career staff would reportedly oppose T-Mobile-Sprint merger

Amid all of the recent rumors that a T-Mobile-Sprint merger is coming soon, many have wondered how regulators would react to such a deal. Today a report claims to have some details on that. The U.S. Department of Justice career staff who do most of the investigating into whether or not a T-Mobile-Sprint merger will harm customers will probably recommend that the deal be stopped. That’s according to three sources speaking to Reuters. Those sources … [read full article]

Several U.S. senators ask FCC and DOJ to begin investigating potential T-Mobile-Sprint merger

Hot on the heels of a report that claimed that T-Mobile and Sprint are hammering out the final details of a merger, several senators have penned a letter asking for an investigation into the two carriers. U.S. Senator Amy Klobuchar (D-MN), U.S. Senator Al Franken (D-MN), and seven other senators have written a letter urging the FCC and DOJ to investigate the potential impact of a T-Mobile-Sprint merger. “A combination of T-Mobile and Sprint could … [read full article]

T-Mobile and Sprint reportedly working on final details of merger

The oft-rumored T-Mobile-Sprint merger may be nearing its completion. T-Mobile and Sprint are working out the final details of a merger, and it’s said that an announcement is likely to come when the two carriers report their quarterly earnings at the end of October. The two sides are reportedly conducting due diligence to determine the exchange ratio that’ll lead to Sprint’s valuation. Also in discussions are things like where the combined company’s headquarters would be and … [read full article]