Tag Archives: SoftBank

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]

Sprint, SoftBank reportedly start informal talks with Deutsche Telekom about T-Mobile merger

After both the parent companies of Sprint and T-Mobile discussed merger deals earlier this week, a new report claims that talks between those companies have begun. Executives from both SoftBank and Sprint have started informal talks with Deutsche Telekom about a Sprint-T-Mobile merger, according to sources speaking to Bloomberg. The talks are still preliminary, and no banks have been hired yet to help work out a deal. Considering that both the CEOs of SoftBank … [read full article]

SoftBank CEO would ‘love to begin talks’ about Sprint-T-Mobile deal

Talks of a merger between T-Mobile and Sprint have popped up several times in recent years, and they’re happening again today. During a recent news conference, SoftBank CEO Masayoshi Son expressed interested in merging Sprint and T-Mobile. “Of all potential partners, T-Mobile is the one that would yield the most synergies, the most orthodox choice and we’d sincerely love to begin talks,” Son said, according to Reuters. He went on to say that the existing … [read full article]

SoftBank reportedly still interested in T-Mobile-Sprint merger

The rumors of a T-Mobile-Sprint merger are back. A new report from Reuters claims that SoftBank is willing to give up its control of Sprint to T-Mobile parent company Deutsche Telekom in order to get a T-Mo-Sprint merger done. While SoftBank would reportedly discuss different deals, sources say that the company is willing to cede control of Sprint and then get a minority stake in a combined T-Mo-Sprint. SoftBank hasn’t actually approached Deutsche Telekom regarding a … [read full article]

Sprint CEO confirms interest in T-Mobile merger, but says no talks happening

Earlier this week, a report suggested that SoftBank CEO Masayoshi Son was interested in merging Sprint — which his company is the majority owner of — with T-Mobile. Now Sprint CEO Marcelo Claure has commented on that report. In an interview with Fortune, Claure confirmed that there is interest in merging Sprint and T-Mobile. “We’ve always said that we were interested, Claure said, adding that “it would be nice to combine both companies to give … [read full article]

SoftBank CEO reportedly still wants Sprint and T-Mobile merger

T-Mobile’s name has popped up as part of several possible mergers, including some with Sprint. None of those deals have actually panned out, but Sprint’s owner is holding out hope that one will. Sources say that Masayoshi Son, CEO of SoftBank, wants to merge Sprint with T-Mobile. SoftBank currently owns more than 80 percent of Sprint. Bloomberg’s sources explain that if Son feels that the next head of the FCC would be responsive … [read full article]

SoftBank chief on failed Sprint/T-Mobile deal: “No Comment”

At the end of one of the most interesting weeks in wireless so far year, SoftBank’s chief, Masayoshi Son, fielded questions from reporters on the ordeal during the Japanese carrier’s Q2 earnings announcement. According to people in the know, his company backed out of its planned deal to buy a controlling stake in T-Mobile. This – of course – meant no merger between Sprint and T-Mobile. The … [read full article]

WSJ: Sprint, T-Mobile merger is off

“And there was much rejoicing.” The Wall Street Journal reports that Sprint has decided to give up its plans on merging with T-Mobile. According to its anonymous sources, both SoftBank and Sprint feel that winning the approval of U.S. regulators will be too difficult. Sprint had been working on a bid for T-Mobile for months while studying regulatory opposition. Officials at both the Justice Department and the Federal Communications Commission had signaled … [read full article]

Iliad in talks with Dish, Charter Communications and others to raise bid for T-Mobile?

Earlier today we read a report stating that T-Mobile will officially reject the well-documented approach from Iliad. The French communications company seems persistent, however, as another new report claims that Iliad is look at other means of raising investment so that it can improve its offer. Reuters reports: French telecom firm Iliad (ILD.PA) is in talks with investors to improve its … [read full article]