Yesterday, it was revealed that Sprint would be offering customers a chance to earn up to $650 to switch to its Framily plan. Sound familiar? It should. It’s pretty much a term-for-term copy of T-Mobile’s Uncarrier 4.0 “Contract Freedom” phase. But, unlike Tmo’s offer, it’s only for a limited time between April 4th and May 8th. Sprint will give customers up to $300 service credit for … [read full article]
Not long ago, T-Mobile’s head of Federal Regulatory Affairs, spoke up regarding the unfair method used to auction off low band spectrum. The issue is that, as it stands, the FCC likes to sell off large chunks of spectrum covering wide areas. This suits the … [read full article]
In a television interview yesterday evening, Sprint Chairman, and SoftBank CEO, Masayoshi Son confirmed that he was interested in a deal to buy T-Mobile. The deal would combine Sprint and T-Mobile in some form of merger and help bring them in to a “real fight” with AT&T and Verizon. He believes a deal would create a “massive price war” between the nation’s four biggest … [read full article]
After months of speculation regarding SoftBank’s proposed takeover of Deutsche Telekom’s controlling stake in T-Mobile, it seems those rumors can be laid to rest. At least for a short while. A report by Bloomberg states that DT’s CEO, Tim Hoettges told company directors yesterday that a sale of its US carrier is unlikely to happen in the near future due to “regulatory hurdles”. In recent … [read full article]
Just when you thought we’d heard the last of Sprint and T-Mobile joining forces, a report today states that Softbank and Sprint’s chairman, Masayoshi Son will be meeting with the Chamber of Commerce. His desire is – according to WSJ – to lobby policy makers and business owners to support mergers … [read full article]
A fresh report this morning claims that Deutsche Telekom is keen on selling T-Mobile as it seeks to exit the U.S. market place. According to Reuters‘ sources “familiar with the matter“, it sees its 4th position behind the likes of Verizon, AT&T and Sprint as “limiting long-term profitability“. Although T-Mobile’s position as the #4 is one of … [read full article]
Another report, published yesterday by WSJ states that Sprint and SoftBank executives are regrouping to re-think its potential move to acquire T-Mobile. While many of us aren’t at all shocked, SoftBank and Sprint’s executives have been “surprised by the level of opposition and its public nature”. Although they were certainly expecting some opposition, and always assumed it would need to put forward … [read full article]
According to a report on DealReporter, SoftBank is close to securing $45 billion in financing from a number of large banks. According to the site’s sources, those banks include JP Morgan, CitiGroup and Bank of America. Reports from the past couple of months have [read full article]
Last week it was revealed that the Department of Justice was highly skeptical of a deal between SoftBank and Deutsche Telekom that would see a merger of Tmo and Sprint. This week, the FCC’s chairman has added his voice to the argument, and is in agreement with the … [read full article]
Until SoftBank/Sprint makes an official bid for Deutsche Telekom’s controlling stake in T-Mobile US or makes an official statement that it’s not interested, rumors will continue regarding the possible merger. Today, WSJ reports that Masayoshi Son, CEO of SoftBank and Dan Hesse, CEO of Sprint will be meeting with the FCC. Although there are many things to be discussed during the … [read full article]
