FCC 'Highly Skeptical' About Sprint/T-Mobile Tie-Up
Tom Wheeler, chairman of the Federal Communications Commission, told executives from SoftBank and Sprint he is highly skeptical a merger between Sprint and T-Mobile would pass regulatory review. SoftBank's Masayoshi Son and Sprint's Dan Hesse met with Wheeler Monday in an attempt to convince the FCC it would be beneficial to the market for Sprint and T-Mobile to combine in order to better fight AT&T and Verizon Wireless. Wheeler said he would keep an open mind about such a deal, according to sources cited by Reuters, but he also repeated the sentiment given by the U.S. Department of Justice that a merger between the No. 3 and No. 4 carriers would face a long road toward gaining regulatory approval.
Alcatel Announces the Idol 5S with Stereo Speakers
Alcatel today marked the debut of the Idol 5S, the latest in its flagship series. Like its predecessors, the 5S features an aluminum frame, curved glass front and rear surfaces, powerful stereo speakers, and a rear-mounted fingerprint reader.
Sprint Uninterested In the Uncarrier, Will Abandon Merger
Sprint plans to end its pursuit of T-Mobile. The company and its owner SoftBank have been weighing the idea for nearly a year.
FCC Chief Glad Sprint Ditching T-Mobile Bid
FCC Chairman Tom Wheeler today voiced his approval of Sprint's decision to halt its attempt to acquire T-Mobile. "Four national wireless providers is good for American consumers.
FCC Dubious On Future Wireless Mergers
FCC Chairman Tom Wheeler today suggested the agency will take a long, hard look at any proposed mergers between wireless companies. "We will continue to be skeptical of efforts to achieve scale through the consolidation of major players," said Wheeler at the CTIA trade show in Las Vegas.
I have always been against losing competition. But, it is clear that the industry's two leading carriers will forever be written as to remain the only two large carriers. No one will be allowed to compete on the same level. With the amount of small carriers going the way of south, Sprint or Tmobile will continue to get the small remains of the duopoly and never catch up. The time is now to move. The Goliaths need a larger Sampson.
This sucker's need to leave T-Mobile alone!!!!
Basically someone is going to buy them but the question is who?