Sprint and T-Mobile are on the verge of announcing a merger, but speculation still swirls about the roadblocks ahead. The latest? Why, it's none other than the second-richest man in the world, Carlos Slim.
A Sprint and T-Mobile merger deal is beginning to look likely as Sprint parent company SoftBank pushes for more financing and the two companies plan a $10 billion warchest for next year's FCC spectrum auction.
A merger between wireless carriers Sprint and T-Mobile seems to be picking up steam, as Sprint parent company SoftBank Corp. has reportedly reached a skeletal agreement with T-Mobile parent Deutsche Telekom AG for the acquisition.
Looks like DirecTV is one hot commodity around the telecommunications block. Recent documents show that Dish Network was also interested in purchasing DirecTV and that talks stopped only this year in light of AT&T's offer.
Sprint and T-Mobile look set to join forces in the coming amidst a telecommunications industry shakeup that will pit them against the juggernauts that are Verizon and AT&T. Is it such a good idea? Definitely, says this writer.
A merger between Sprint and T-Mobile would benefit customers, Sprint Chief Executive Officer Dan Hesse recently said in an interview with CNET, by providing a stronger third competitor that can provide coverage options different from AT&T or Verizon.
Following in T-Mobile's footsteps, Sprint announced earlier this week that it would also be offering a 30-day trial period for customers to try out its faster network, highlighting the aggressive mentality of the underdogs in the U.S. wireless industry.
AT&T took its argument for a merger with DirecTV to lawmakers Tuesday, arguing that the deal is different than other mergers in the industry, including a potential one between Sprint and T-Mobile.
According to a new Reuters report, eight banks, including international banks JPMorgan Chase & Co, Goldman Sachs Group, Deutsche Bank AG, Bank of America Merrill Lynch and Citigroup Inc, have agreed to help finance the acquisition of T-Mobile. All in all we're looking at a $40 billion deal, $8 billion more than previously thought.
Things are really heating up in the U.S. wireless industry as a Sprint and T-Mobile merger begins looking more likely, causing some giants to go on the defensive.
Despite regulatory hurdles, Sprint and T-Mobile have reportedly agreed on a $32 billion merger, hoping that the trend of consolidation in the telecommunications industry will help the deal go through.
Deal would be worth $40 a share. Sprint is reportedly nearing a deal to buy T-Mobile for $32 billion. The deal would combine the U. S. 's third and fourth largest telecom companies.
Hold your horses, folks. Although recent reports have hinted that a Sprint and T-Mobile merger is gaining steam, there's actually little to support that.
Despite concerns over regulatory hurdles, SoftBank chief executive and Sprint chairman Masayoshi Son reiterated the need for a merger with T-Mobile and praised the fellow carrier at Recode's Code Conference in California Wednesday.
Looks like T-Mobile's goal to shake up the wireless industry is paying off. The carrier reported an incredibly successful first quarter, adding more subscribers than any other U.S. wireless service provider and overtaking Sprint as the No. 3 smartphone buyer.
Texas has become a breeding ground for Hispanic-owned businesses and entrepreneurs, but wireless technologies appear to be a problem in targeting audiences and markets.
The FCC may be on the front pages for its take on net neutrality but agency regulators quietly voted in a rule Thursday for the 2015 spectrum auction that has major telecom companies AT&T and Verizon steamed. Why? They won't be able to buy as much spectrum as they'd probably like.
A proposed rule that would reserve certain amounts of low frequency spectrums for smaller carriers at the 2015 FCC spectrum auction continues to come under fire from carriers AT&T and Verizon. Sprint and T-Mobile, they say, have chosen to dig themselves into their current holes and shouldn't get crutches.
