AT&T Not Finding Buyers for Possible T-Mo Divestitures
AT&T's talks with other telecom companies about acquiring a divested portion of T-Mobile USA's assets, which AT&T hopes could salvage its bid to buy T-Mobile USA, have fallen apart, reports the Wall Street Journal. Citing sources familiar with the situation, the Journal notes that a potential divestiture to Leap Wireless has dried up, as the parties concerned no longer believe that such a deal would benefit AT&T's case with the Department of Justice. AT&T has considered divesting as much as 30 or 40% of T-Mobile USA to competitors, including MetroPCS and private equity firms. The Journal's sources said that AT&T and Deutsche Telekom, T-Mobile USA's parent company, are still considering all options and no final decisions have been made. Some alternatives include acquiring a portion of T-Mobile USA or forming a joint venture with it.
OnePlus 5T and Honor 7X Now Available In Red
OnePlus and Honor today made red versions of their most recent devices available to U.S. consumers.
Blu Life One X3 Adopts Metal-and-Glass Design and Packs 5,000mAh Battery
Blu Products today announced the Life One X3, a mid-range handset from the unlocked phone maker. The One X3 has a curved-edge glass screen and an aluminum frame painted in matte black.
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.
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.