Banks Lining Up to Fund Sprint Acquisition of T-Mobile
Sprint has received proposals from several banks with respect to financing a potential bid for smaller rival T-Mobile. No such deal has been announced, but as many as three banks have approached Sprint with offers to provide the needed capital. The Wall Street Journal reports that banks are looking at a total value for T-Mobile of about $50 billion, including $31 billion for T-Mobile itself and an additional $20 billion to cover T-Mobile's debt. The Journal says executives at Deutsche Telekom and SoftBank, the companies that own T-Mobile and Sprint, respectively, have agreed in principle that the companies' best chance to compete against AT&T and Verizon Wireless is to combine forces. Such a deal would require regulatory approval, which could be a major hurdle for the merger to jump. Deutsche Telekom and SoftBank execs want the deal to be completed before the start of a major spectrum auction scheduled to take place in the middle of 2015. They believe it may take more than a year to win regulatory approval for a proposed merger.
Vivo Launches All-Screen NEX Phone Outside China
Jul 9, 2018
Vivo today announced that its all-screen NEX flagship phone will be launching this month in Russia, India, Malaysia, Hong Kong and Taiwan, making it available in the global unlocked market. The international model supports LTE bands 2/4/5/12/25/26/41, meaning basic support for AT&T and T-Mobile networks, as well as full support for the CDMA and LTE bands used by Sprint.
LG G7 ThinQ Goes On Sale Today for $749
Jun 1, 2018
Sales of the LG G7 ThinQ phone kicked off in the U.S. today.
LG Kicks Off Sales of G7 ThinQ Phone, But US Pricing Remains Elusive
May 17, 2018
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.
FCC Says Incentive Auction Reaches End Point
Jan 18, 2017
The FCC today said the close of the fourth stage will mark the end of bidding in the auction for 600 MHz airwaves. The auction has been in progress since last May and worked its way through several stages.
FCC needs to block this deal
Too many different technologies, bands. So much confusion and chaos. You can count on layoffs for sure. The only reason why the japs want this is because they feel threatened by T-Mo. Just the old eliminate the competition play. Feds won't approve it, Verizon and AT&T will c*ck block it.
In a perfect world, T-Mo could purchase US Cellular. They already own similar spectrum. The CDMA to GSM transition wouldn't be that hard. They could just leave the CDMA alone for a bit just like they did with MetroPCS.
The combined entity would have 56 milli...
I don't get it...
Unless I'm missing something, which I would like to be enlighten then.
Let's hope this doesn't happen