Tag Archives: T-Mobile Sprint merger

T-Mobile and Sprint reportedly close to new merger terms

We’ve heard rumblings recently that T-Mobile and Sprint may be working on new terms for their merger, and now it sounds like an updated deal could be close. T-Mobile and Sprint are said to be “close” to agreeing on a new deal and that they’re planning to announce it as soon as today. That’s according to sources speaking to the Wall Street Journal, who caution that the … [read full article]

Deutsche Telekom reportedly wants to renegotiate price of T-Mobile-Sprint merger

T-Mobile and Sprint won in the courtroom this week when a judge rejected a state lawsuit that sought to block the carriers’ merger, but their deal isn’t quite done yet. A new report says that before the merger happens, Deutsche Telekom wants to renegotiate the terms of the deal. It’s said that T-Mobile parent company Deutsche Telekom wants a lower price for the deal because Sprint’s … [read full article]

Judge approves T-Mobile-Sprint merger

It’s official: T-Mobile and Sprint’s merger has been approved by the judge presiding over a trial involving 14 state attorneys general. In his decision, Judge Victor Marrero said that the merger is not likely to substantially lessen competition like the suing state AGs had claimed it would. The judge also rejected the argument that Sprint would continue to be competitive if the merger were blocked, saying that … [read full article]

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 … [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 … [read full article]