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Sprint No Longer Sure About T-Mobile Bid

Article Comments  48  

Feb 10, 2014, 8:58 AM   by Eric M. Zeman   @phonescooper

Sprint is rethinking its intent to make a bid for T-Mobile after the idea was met with skepticism from government officials. Sprint Chairman Masayoshi Son and CEO Dan Hesse met with the U.S. Department of Justice and the Federal Communications Commission in recent weeks. Both agencies indicated a merger between Sprint and T-Mobile would face tough resistance from antitrust regulators. Though Son and Hesse knew the idea would be meet some pushback, they were surprised by the level of skepticism for the deal, according to sources cited by The Wall Street Journal. Sprint and T-Mobile contend that the only way for them to effectively combat AT&T and Verizon Wireless is to join forces. U.S. officials have, however, made it abundantly clear they prefer to have four national carriers and not three. The Journal says Sprint may yet make a play for T-Mobile, but will likely spend weeks or longer to weigh its options.

more info at Wall Street Journal »

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Comments

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This forum is closed.

Slammer

Feb 10, 2014, 1:28 PM

Well, it's clear...

---"U.S. officials have, however, made it abundantly clear they prefer to have four national carriers and not three."

The above statement verifies my thoughts all along. The only companies to remain in control of the country's wireless industry, are VZW and AT&T. The two have been able to manipulate the industry by leverage of financial pork for merge after merge until they have consumed almost every last tiny carrier. Now that the realization is in view to help quell the insanity, no other large merge will be allowed.

Now it is Sprint or TMO to remain distant third and fouth without ever having the chance to grow. For those that think four major carriers is the ideal scenerio, you will have allowed the two largest to win and never be ...
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John we frequently agree on this forum but in this case, there's no way.

T-Mobile is grabbing customers at a record pace. Most of them are not from Sprint. They are forcing AT&T and Sprint to act and eventually Verizon will as well in order to re...
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JJinNYC

Feb 11, 2014, 7:48 PM

This article sums up Sprint beautifully...

http://www.extremetech.com/extreme/162029-sprint-tur ... »

More accurate.

This gentleman is viewing the entire landscape without drawing irrational conclusions.

Joh...
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phonetekmek

Feb 10, 2014, 12:53 PM

Clueless

Most of you T-Mobile fans have no idea how this business works, and apparently the FCC & DOJ are about as clueless as you all. Notice BOTH T-mobile and Sprint say this is the only way to compete. These are 2 companies that have recently been on shaky ground. Sprint not so much since being purchased by Softbank and T-mobile got a reprive from AT&T's 3billion. But T-mobile WILL be sold (DT has made that abundantly clear) and I for one would want it to go with a company who would keep the unlimited data options and reasonable price points. I've been in upper management with T-Mobile when they did Flex plans with no credit checks and stuff to get more subscribers but in the long run it never attracted, or kept, the quality customers that you nee...
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phonetekmek said:
. I've been in upper management with T-Mobile when they did Flex plans with no credit checks and stuff to get more subscribers but in the long run it never attracted, or kept, the quality customers that you need a
...
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Colombianmax

Feb 10, 2014, 9:08 AM

Nice way to start my Monday morning

This is like music to my ears. What a great way to start my Monday lol. Hopefully in those upcoming weeks of weighing out pros and cons for Sprint/Softbank's T-Mo acquisition, they decide to just quit before wasting any of their time. Laughing
I hope so too. I'm really content with the service the way it is, sure a lot of improvement is needed still, but T-Mobile was one of the last ones coming to the LTE race, and look how far they've come. Slowly but surely is better than nothing, and for...
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Andras888

Feb 10, 2014, 10:53 AM

Surprised and Clueless

"... they were surprised by the level of skepticism for the deal." This shows how clueless they are about their own field.
Andras888 said:
"... they were surprised by the level of skepticism for the deal." This shows how clueless they are about their own field.


No, if you think that Hesse and Son are "clueless," then it might be you wh...
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