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T-Mobile, Sprint Reach Breakthrough On Potential Merger

Sep 22, 2017, 8:04 AM by Eric M. Zeman

T-Mobile and Sprint have made significant progress in ironing out merger terms, according to Reuters. T-Mobile and Sprint have made a "major breakthrough" on a merger between them. As it stands, SoftBank, Sprint's parent, would own between 40% and 50% of the combined company, with Deutsche Telekom, T-Mobile's parent, owning the majority stake. These terms are near final and will require due diligence before a deal is announced, which may happen as soon as the end of October, according to Reuters' sources. In addition to shareholder and board approval, the deal would face regulatory scrutiny from the U.S. government. SoftBank was forced to abandon an attempted merger with T-Mobile back in 2014 due to government pressure. The combined T-Mobile/Sprint entity would catapult to 130 million customers, putting it just behind rivals AT&T and Verizon Wireless. T-Mobile and Sprint declined to comment on Reuters' story.

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Charles Bigelow

Sep 22, 2017, 11:15 AM

Breakthrough Potential

Interesting to see when this goes through.
The LTE bands and coverage.
Not that both networks were that great for network coverage in the first place.

sotl1962

it will open the door for att to sue the goverment. i really dont see a merger happening.

...

Jonathanlc2005

true spectrum dominance.

whats probably going to happen is a couple of things

either...

1)CDMA is gone in favor of gsm
2) latest phones will be allowed to roam on both networks
3) low band 600/700 for consumer, 850 moves for public service....
(continues)

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