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SoftBank May Appeal to U.S. Public for T-Mobile Support

Mar 4, 2014, 8:08 AM by Eric M. Zeman

SoftBank CEO and Sprint Chairman Masayoshi Son is prepared to take a new tack in its pursuit of T-Mobile: asking other businesses to approve. Son plans to appeal directly to the U.S. business community and to policy makers in the hope that it can convince them further consolidation in the industry is a good thing, according to sources cited by the Wall Street Journal. Son has already been warned by the U.S. Department of Justice and the Federal Communications Commission that a merger between Sprint and T-Mobile would undergo intense regulatory scrutiny. Son is prepared to speak at the Chamber of Commerce next week regarding competition in the wireless industry. It is possible he will use that stage to make his plea for a combined Sprint/T-Mobile. Son contends that neither Sprint nor T-Mobile can compete on their own against AT&T and Verizon Wireless, which together control two-thirds of the U.S. wireless market.

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Comments

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This forum is closed.

dougm

Mar 4, 2014, 10:36 AM

PLEASE GOD NO

Did everyone forget what happened with NEXTEL???? This MUST NOT HAPPEN!

gfondeur

I hope he hear you loud and clear,

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JJinNYC

dougm said:
Did everyone forget what happened with NEXTEL???? This MUST NOT HAPPEN!

It's not about what happened with Nextel. It's about an incompetent company with a history failed projects. Nextel, QChat, WiMAX, ...
(continues)

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sotl777

If softbank buys t mobile, their will be 3 major carriers. the big 3 will join together in raising the prices for calling plans.i do not like sprint, i belieave t mobile has better coverage then sprint. and t mobile is what is making everyone else go ...
(continues)

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phonetekmek

Please tell me what happened with Nextel? Let's see what you actually know and not just opinion but facts. 🙄

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Globhead

Mar 4, 2014, 12:49 PM

"can't compete" nonsense

Somehow the corporate raiders have even convinced laypersons of this garbage excuse.

There is no reason why everyone has to be as big as Verizon. It's just a load of arbitrary BS.

Also note the backward logic. We have to buy up customers so we can be competitive? It's supposed to work the other way.

bobc74

Ah, but that's exactly the same strategy Verizon and At&T used to get so big in the first place. Anyone remember Bell Atlantic Mobile or GTE? How about SNET wireless? McCaw Cellular Communications? BellSouth?

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