Phone Scoop

printed October 18, 2017
See this page online at:
http://www.phonescoop.com/articles/article.php?a=19617

Home  ›  News  ›

T-Mobile, Sprint Reach Breakthrough On Potential Merger

Article Comments  6  

Sep 22, 2017, 8:04 AM   by Eric M. Zeman   @phonescooper

T-Mobile and Sprint have made significant progress in ironing out merger terms, according to Reuters. T-Mobile and Sprint have made a "major breakthrough" on a merger between them. As it stands, SoftBank, Sprint's parent, would own between 40% and 50% of the combined company, with Deutsche Telekom, T-Mobile's parent, owning the majority stake. These terms are near final and will require due diligence before a deal is announced, which may happen as soon as the end of October, according to Reuters' sources. In addition to shareholder and board approval, the deal would face regulatory scrutiny from the U.S. government. SoftBank was forced to abandon an attempted merger with T-Mobile back in 2014 due to government pressure. The combined T-Mobile/Sprint entity would catapult to 130 million customers, putting it just behind rivals AT&T and Verizon Wireless. T-Mobile and Sprint declined to comment on Reuters' story.

more info at Reuters »

Related

more news about:

Sprint
T-Mobile
 

AD

Comments

You must log in to post.

Charles Bigelow

Sep 22, 2017, 11:15 AM

Breakthrough Potential

Interesting to see when this goes through.
The LTE bands and coverage.
Not that both networks were that great for network coverage in the first place.
it will open the door for att to sue the goverment. i really dont see a merger happening.
...
true spectrum dominance.

whats probably going to happen is a couple of things

either...

1)CDMA is gone in favor of gsm
2) latest phones will be allowed to roam on both networks
3) low band 600/700 for consumer, 850 moves for public service....
(continues)
 
 
Page  1  of 1

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Subscribe to Phone Scoop on YouTube Follow on Instagram

 

All content Copyright 2001-2017 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
1

This is a preview. Click for full glossary page.