Sprint has received proposals from several banks with respect to financing a potential bid for smaller rival T-Mobile. No such deal has been announced, but as many as three banks have approached Sprint with offers to provide the needed capital. The Wall Street Journal reports that banks are looking at a total value for T-Mobile of about $50 billion, including $31 billion for T-Mobile itself and an additional $20 billion to cover T-Mobile's debt. The Journal says executives at Deutsche Telekom and SoftBank, the companies that own T-Mobile and Sprint, respectively, have agreed in principle that the companies' best chance to compete against AT&T and Verizon Wireless is to combine forces. Such a deal would require regulatory approval, which could be a major hurdle for the merger to jump. Deutsche Telekom and SoftBank execs want the deal to be completed before the start of a major spectrum auction scheduled to take place in the middle of 2015. They believe it may take more than a year to win regulatory approval for a proposed merger.
It's not in the best interest for the consumer. Having only 3 major players in the industry not good. The combined company would own way too much spectrum some of it would have to be divested.
Too many different technologies, bands. So much confusion and chaos. You can count on layoffs for sure. The only reason why the japs want this is because they feel threatened by T-Mo. Just the old eliminate the competition play. Feds won't approve it, Verizon and AT&T will c*ck block it.
In a perfect world, T-Mo could purchase US Cellular. They already own similar spectrum. The CDMA to GSM transition wouldn't be that hard. They could just leave the CDMA alone for a bit just like they did with MetroPCS.
The combined entity would have 56 milli... (continues)
While I am distrusting of consolidation, I'd much rather see this than the AT&T Mobile merger we almost had. Face it, Deutch Telekom doesn't want to operate in the U.S. This is the best of several rough options I suppose, Maybe Google could step in... (continues)
If T-Mobile is so hard pressed on cash they are willing to let Sprint lend a hand (one of their competitors) why is T-Mobile throwing such insane promos as the ETF deals? How are they planning on paying off the fees?
Unless I'm missing something, which I would like to be enlighten then.
Think about it... create as much churn as possible, hoping that this dislodges as many customers as possible from the two biggest carriers, and then do something insane - create a third carrier that is almost as big as either of the two biggest, all a... (continues)
Small fry carriers always do this sort of thing. Hell, I should know it seems like I was always working for one. SunCom did this sort of thing to make themselves attractive to ATTWS. Air Touch Cellular did the same. The only small fries that DIDN'... (continues)
Let's hope this doesn't happen, because T-Mobile is shaking things up in the wireless world and threatening the status quo. If they keep it up, there will be - gasp - competition. And that bodes well for the customer!
Unfortunately, this is a little more likely to happen than the AT&T/T-Mobile attempt. Put together, Sprint and T-Mobile are not quite as large in customer base as either AT&T or Verizon, and since the two-GSM/two-CDMA major carrier model of the last ... (continues)
Disagree. This would be best fo r the industry. This "uncarrier" stchick can only last for so long before network inadequacies cause mass defections among the non credit/income restricted customers that will not stand for inferior connection. A combin... (continues)