T-Mobile Hopes to Woo Sprint With a New Tune
T-Mobile has approached Sprint with a new proposal, reports the Wall Street Journal, in an attempt to keep the potential merger of the two companies alive. Talks failed earlier this week when Masayoshi Son, CEO of Sprint parent SoftBank, appeared to walk away from the deal over a disagreement concerning which company would own the other. The terms of T-Mobile's new proposal are unknown, but Sprint is considering them according to the Journal's unnamed sources. T-Mobile CEO John Legere and Sprint CEO Marcelo Claure have been in direct contact since Wednesday. T-Mobile ($49 billion) has twice the market capitalization of Sprint ($26 billion). This should put T-Mobile in the driver's seat concerning the terms of the merger agreement and ownership. The Journal's sources say a new deal could be reached within weeks, though they were certain to note talks could always fall through.
U.S. Carriers Share Galaxy S9 and S9+ Launch Plans and Pricing
All four major carriers in the U.S. plan to sell the Samsung Galaxy S9 and S9+ beginning in March.
T-Mobile and Dish Discussing Possible Merger
T-Mobile and Dish Networks are negotiating a potential merger between the two companies, reports the Wall Street Journal. The companies have agreed to some of the broad strokes of combining, but not the details.
T-Mobile and Sprint Officially End Merger Talks
T-Mobile and Sprint today said they have ceased talks to merge into a single entity. The companies said they could not find mutually agreement terms.
Sprint Woes Weigh on SoftBank CEO Masayoshi Son
SoftBank's plans for Sprint have not unfolded as CEO Masayoshi Son hoped. Son initially believed a merger with competitor T-Mobile would serve the carrier, but was dismayed when U.S.
Dish Seeking Cash for Possible T-Mobile Deal
Dish Networks is discussing loans of $10 to $15 billion with banks, reports the Wall Street Journal, which it would use to finance a merger with or acquisition of T-Mobile. Dish and T-Mobile are believed to be holding merger talks, though a deal is not imminent.
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