A report published by Reuters late last night claims that Sprint is close to securing the necessary finances for its deal to buy T-Mobile. Citing sources familiar with the matter, Sprint has lined up eight banks to fund the acquisition of TMUS. The debt package exceeds $40 billion and includes a bridge loan of roughly $20 billion from Japan‘s Softbank Corp to Sprint, … [read full article]
For the best part of the last 6 months we’ve heard and read many different takes on the possible merger between T-Mobile and Sprint. Up until recently – when the merger was purely speculation and messages along the grapevine – analysts had mostly been singing from the same hymn sheet. The chorus: Sprint and T-Mobile need to merge, or[read full article]
The deal between SoftBank and Deutshe Telekom is allegedly a done deal. All that stands in its way – as far as we know – is the regulatory approval needed to make it official. But we know from previous reports, and open statements from the DoJ and FCC, that approval isn’t going to be easy to … [read full article]
Over the weekend, further rumors were published detailing virtually all the speculation we’d already heard last week. Deutsche Telekom has agreed a deal with SoftBank to sell its majority stake in T-Mobile US. As part of the deal, DT – it’s rumored – will have … [read full article]
Earlier on today, reports broke from Japan stating that Deutsche Telekom had accepted a buyout offer from SoftBank for its majority stake in T-Mobile US. We assumed, as many would have, that any deal would … [read full article]
There’s a headline you perhaps didn’t want to read this morning. The morning after its chief appeared on stage at Re/code’s conference, reports are circling that SoftBank’s offer for Deutsche Telekom’s controlling stake in T-Mobile US has been accepted. The news comes via Japanese publication, Kyodo. The site claims that Masayoshi Son proposed the move in a meeting with top T-Mo and DT executives … [read full article]
AT&T failed terribly when it attempted to buy out Deutsche Telekom’s controlling share in T-Mobile US back in 2011. In fact, because of the way the deal was structured and clauses put in place, T-Mo received compensation of around $4 billion including $1 billion worth of wireless spectrum. So it’s no surprise to hear that if a bid from SoftBank … [read full article]
Yet another day in the world of T-Mobile, and yet another day with news of a possible T-Mobile merger in the U.S. Like many before him, Deustche Telekom’s CEO Tim Hoettges has realized the potential behind a merger with another carrier, but recognizes the struggles and legal barriers in place. On a conference discussing DT’s Q1 earnings, Hoettges remarked that he is open to … [read full article]
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]
Will they, won’t they? A month back it seemed like SoftBank’s CEO, Masayoshi Son had just one thing on his mind: Buying T-Mobile and merging it with his other property, Sprint. To most of Team Magenta, it sounded like a bad idea right from the off. Just when Tmo seemed to be doing really well, here comes news that it might … [read full article]
