Tag Archives: T-Mobile Sprint merger

Final arguments in T-Mobile-Sprint merger trial made today

After delivering their testimonies and breaking for the holidays, the two sides in the T-Mobile-Sprint merger trial met again today to deliver their final arguments. Glenn Pomerantz, a lawyer for the 14 states suing to block the merger, argued that the trial will impact at least 130 million customers since the deal would reduce the number of major U.S. carriers from four to three. “If this merger goes forward, they’re at risk for paying billions of … [read full article]

T-Mobile-Sprint merger review by DOJ and FCC was ‘cursory’, states argue

At the tail-end of the testimonies in the T-Mobile-Sprint merger, the Department of Justice and Federal Communications Commission voiced their support for the deal in a filing. Fast-forward to this week and the states opposing the deal have responded. In a filing from Wednesday, lawyers for California and New York argued that the merger’s approvals from the DOJ and FCC don’t carry special weight and should be ignored by the judge in the trial. The … [read full article]

T-Mobile COO Mike Sievert confident merger will be completed, but T-Mo does have backup plans

Some analysts may think that Judge Victor Marrero will decide to block T-Mobile and Sprint’s merger, but T-Mo COO Mike Sievert is remaining positive. Speaking at an investor relations event today, Sievert said that “right is on our side” in T-Mobile’s effort to win the lawsuit brought by a group of state attorneys general and merge with Sprint. “We’re very anxious to see the judge’s verdict,” Sievert went on to say. Despite his confidence, the … [read full article]

T-Mobile-Sprint merger likely to be blocked by judge, say analysts at Cowen

As we wait for the final arguments in the T-Mobile-Sprint merger trial, there’s a lot of speculation about how each side did with their arguments and who Judge Victor Marrero might rule in favor of. A new analyst report came out today that says that the states might come out on top. Cowen analysts believe that Judge Marrero will rule in favor of the state attorneys general and block the merger. “After watching the witnesses, evidence, … [read full article]

T-Mobile could be considering Comcast merger, internal report suggests

During his testimony in the T-Mobile-Sprint merger trial, T-Mo CEO John Legere revealed that T-Mobile nearly merged with Dish Network back in 2015. Now documents show that the company could be considering a merger with Comcast. A 2015 report called “Defining a Winning Position for the US Business Model” has been made public as part of the T-Mobile-Sprint merger trial. It was put together at the request of Thorsten Langheim, T-Mobile board of directors member, … [read full article]

Department of Justice and FCC voice support for T-Mobile and Sprint’s merger in new court filing

In the midst of the T-Mobile-Sprint merger trial, both the Department of Justice and the Federal Communications Commission have reiterated their support for the deal. Both the DOJ and FCC have filed court papers saying that the states’ lawsuit to block the merger would undo consumer benefits that were gained by the government during its review of T-Mobile and Sprint’s deal. One example given by the agencies is improved service in rural parts of the country. … [read full article]

Dish talks with ‘very exciting’ partners teased during T-Mobile-Sprint merger trial

Dish Network co-founder Charlie Ergen testified in the T-Mobile-Sprint merger trial this week, and an interesting tidbit of info came up that could play a role in the trial’s outcome. During the trial, lawyers were arguing whether certain parts of Ergen’s testimony should be conducted in open court. As noted by Fierce Wireless and New Street Research analyst Blair Levin, there were questions about Dish’s viability as a major fourth U.S. carrier and the attorney for … [read full article]

Sprint’s former CEO says carrier could survive without T-Mobile, but it would be ‘very different’

After T-Mobile CEO John Legere took the stand in the T-Mobile-Sprint merger trial to end last week, former Sprint CEO Marcelo Claure helped resume the trial this week. During his testimony, Claure said that a merger with T-Mobile wasn’t necessary for Sprint to survive, contradicting some previous witnesses. T-Mobile CEO John Legere said that Sprint would be “sold for parts” within two years. “Those are possibilities,” Claure responded today. “I don’t necessarily agree completely.” Just because … [read full article]

T-Mobile and Dish nearly merged in 2015, reveals John Legere

Dish Network is a major part of T-Mobile and Sprint’s merger, with Dish slated to become the fourth major U.S. carrier if T-Mo and Sprint’s deal is completed. According to T-Mobile CEO John Legere, though, T-Mobile almost merged with Dish a few years ago. While being questioned during the T-Mobile-Sprint merger trial, Legere confirmed that he recommended a merger with Sprint to T-Mobile’s board back in 2015. CNET says that Legere wanted to give Dish’s … [read full article]

T-Mobile and Sprint merger trial begins today

Today’s a big day for T-Mobile and Sprint’s proposed merger. The trial between T-Mobile and Sprint and the state attorneys general who oppose their merger got underway today. As noted by the Wall Street Journal, U.S. District Jude Victor Marrero seems to be pushing for a quick trial, skipping opening statements and asking both sides to shorten their lists of witnesses so that they don’t beat him “over the head” with testimonies. One notable person that … [read full article]