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. T-Mobile and Sprint have flirted with the idea of merging since 2014. Talks ramped up again earlier this year, but it appears the two companies weren't able to find a deal that worked for both organizations. "The prospect of combining with Sprint has been compelling for a variety of reasons," said T-Mobile CEO John Legere. "However, we have been clear all along that a deal with anyone will have to result in superior long-term value for T-Mobile’s shareholders compared to our outstanding stand-alone performance and track record. Going forward, T-Mobile will continue disrupting this industry and bringing our proven Un-carrier strategy to more customers and new categories — ultimately redefining the mobile Internet as we know it." T-Mobile and Sprint have vast spectrum resources, but combining them would have been difficult. Moreover, T-Mobile is worth twice as much as Sprint from a market capitalization perspective and that threw a wrench in how the merged company would be led. Marcelo Claure, Sprint's CEO, said, "While we couldn’t reach an agreement to combine our companies, we certainly recognize the benefits of scale through a potential combination. We have agreed that it is best to move forward on our own. We know we have significant assets, including our rich spectrum holdings, and are accelerating significant investments in our network to ensure our continued growth. We look forward to continuing to take the fight to the duopoly and newly emerging competitors." AT&T and Verizon Wireless, the two industry leaders, each have about twice as many customers as both T-Mobile and Sprint.
Hands On with the Moto g6
Motorola's g-series phones have a long-held reputation for value and quality. With the 2018 incarnation, Moto is trying harder than ever to bring high-end features and design to a low price point.
Motorola Updates Affordable Lineup for 2018
Motorola today announced four new affordable Android phones coming to the U.S. market before mid-year.
T-Mobile and Sprint Agree to Merge and Unite Under T-Mobile Brand and Leadership
T-Mobile and Sprint today announced plans to merge in an all-stock deal that will create a "New T-Mobile" worth $146 billion. The new company's combined radio spectrum assets will allow it to accelerate deployment of 5G technology.
AT&T Says It Won't Sell the LG G7 ThinQ, But It Has an LG Exclusive On Deck
AT&T does not plan to sell LG's new flagship phone, the G7 ThinQ, according to The Verge. Instead, the company plans to offer an exclusive phone from LG later this summer.
LG Kicks Off Sales of G7 ThinQ Phone, But US Pricing Remains Elusive
LG today said it has commenced sales of its flagship G7 ThinQ phone in its home market of South Korea. The G7 ThinQ, announced earlier this month, is a premium metal-and-glass phone with a super bright 6.1-inch screen, Snapdragon 845 processor, AI-assisted dual rear cameras, BoomBox speaker, and Android 8 Oreo.