Comcast latest company to be linked to T-Mobile purchase

Comcast latest company to be linked to T-Mobile purchase
So far this year, T-Mobile has been linked to a pair of different suitors. The one creating the most noise has been SoftBank/Sprint. Sprint chairman Masayoshi Son, and Sprint CEO Dan Hesse, have both visited U.S. regulators to gauge how such a deal would go down in Washington. Despite some pretty obvious disdain for the deal from the FCC and the FTC, a bid from Sprint is rumored to take place next month, as long as both sides can agree on a break-up fee that T-Mobile would receive if the deal does not close.

Another company rumored to be interested in T-Mobile is Dish Network. Chairman and CEO Charles Ergen has been trying to turn Dish into a wireless carrier, and last year he lost two takeover battles for Sprint and Clearwire. Now armed with some H-block spectrum won at an auction, Dish made some noise about purchasing T-Mobile as far back as January of this year. The latest word from Ergen is that Dish will bid for T-Mobile if Sprint pulls out due to regulatory issues.

Today, a new player has been rumored to be joining the group. According to securities and banking firm UBS, cable giant Comcast could decide to make a bid for T-Mobile as a reaction to AT&T's purchase of DirecTV. AT&T has stated that it would sell mobile video services 12 to 18 months after it closes on the purchase of DirecTV, and this leaves Comcast wanting to offer the same service to its customers.

Currently, Comcast has an option to lease spectrum from Verizon if it wants to become an MVNO, but it seems that the cable operator wants more. And a Comcast bid for T-Mobile would certainly be welcomed by regulators.

T-Mobile was the subject of a takeover bid once before, with AT&T forced by the Justice Department's FTC to abandon the deal. As a result, T-Mobile received $3 billion in cash and some useful spectrum from AT&T. The result was a stronger, more confident T-Mobile which has since become the darling of the industry with its pro-consumer tactics. Who will end up with the most innovative carrier in wireless?


source: IBD, Barron's via FierceWireless

FEATURED VIDEO

24 Comments

1. Doakie

Posts: 2478; Member since: May 06, 2009

I could deal with Dish or Comcast purchasing T-Mobile. I could not deal with Sprint buying them. Sprint sucks and they sucked all 11 years I was with them. I used to lie to myself that their horrible service was worth the cheaper prices, and then it dawned on me. No, they're just a rip off. We were paying $260 a month for 5 lines and their network speeds were horrible. The speeds ranged from 50-200 Kbps on EVDO and 1-2Mbps on LTE.

9. seanwhat

Posts: 321; Member since: Jul 11, 2013

it took you 11 years D:

12. SellPhones82

Posts: 569; Member since: Dec 11, 2008

Dish yes, Comcast hell no! The last thing they need is more control the of the internet.

19. a_merryman

Posts: 749; Member since: Dec 14, 2011

Seriously, comcast is an awful company

21. Slammer

Posts: 1515; Member since: Jun 03, 2010

I just got off the phone with Sprint. They don't miss you. Since you've left, it has been able to utilize the extra time wasted on trying to please you and have found it much easier to concentrate more on improving its network now. I've even noticed the immense improvement. 11years of finacial losses was enough while you were a customer.. Since you've left, Sprint has actually made revenue increases. Sprint wants to thank you for the ease of burden. And I want to thank you as well. John B.

2. corporateJP

Posts: 2458; Member since: Nov 28, 2009

I'd take Dish over Sprint, both over Comcast. Comcast is filthy, but it wouldn't surprise me if they are let in the side-door and allowed to buy T-Mobile, since they ride the jock hard of the current Muppet Show of a government that we have. Next you know, Disney and Paramount will throw their names in the hat. I wish Warren Buffet and BH would buy T-Mobile already...

3. 0xFFFF

Posts: 3806; Member since: Apr 16, 2014

If Comcast is allowed to buy T-Mobile, they should have to change the name to "FTC Cable and Mobile". F -- the "F word" T -- the C -- customer

4. Totse2k15

Posts: 479; Member since: Feb 11, 2014

Comcast? Oh, nooooooo!!! Anyone but Ripcast! Lol 1+ ^

22. Arte-8800

Posts: 4562; Member since: Mar 13, 2014

Why does this Comcast company exzists, if they are hated and disliked

23. james1

Posts: 97; Member since: Mar 16, 2013

Because the cable company is a monopoly and for that Comcast is the only option for Tv and home internet for some people because it is the only company available. The truth is cable companies divide regions and cities so they can be the only option for a customer and when there is only one option the price can skyrocket.

5. alex_

Posts: 3; Member since: Sep 30, 2013

nooooooooooooooooooooooooooooooooooooooooooooooooo​oooooooooooooooooooooooooooooooooooooooooooooooooo​oooooooooooooooooooooooooooooooooooooooooooooooooo​oooooooooooooooooooooooooooooooooooooooooooooooooo​oooooooooooooooooooooooooooooooooooooooooooooooooo​oooooooooooooooooooooooooooooo

6. sum182

Posts: 229; Member since: Nov 19, 2011

Personally i think Google should Buy T-Mobile. Really hope they're next to jump on the band wagon. I mean, it was rumored they wanted to start their own cellular network.

7. TheLolGuy

Posts: 483; Member since: Mar 05, 2013

They won't. I think initially they were frustrated with the quality of the wired/wireless networks available for the people which is what spawned the Fiber project. It was rumored that they wanted to do the same and shake up the wireless side, which I'm inclined to believe. What I'm also inclined to believe is, however, reports that said they waved off the idea after all the regulations/red tape/headaches just to get one going. They probably had a taste already with it's Fiber initiative too.

8. sum182

Posts: 229; Member since: Nov 19, 2011

True, they waved off the idea of starting one up...but what about buying one thats already in existence?...I mean, i don't know enough about how all that works, but (i believe) buying one and improving on it is WAY easier than creating another mobile network from the ground up. Idk, just a hope haha. They probably would've said something about it already though.

11. 0xFFFF

Posts: 3806; Member since: Apr 16, 2014

Google probably won't get to buy $100M+ worth of infrastructure for $1 this time.

15. Mxyzptlk unregistered

No no no. Let google stay far away from mobile carriers. We'd probably have in call ads by the numbers. Plus privacy. No thanks.

10. Kishin

Posts: 706; Member since: May 30, 2013

T-Mobile so popular people want it and corporations want it.

13. atlvideoguy

Posts: 74; Member since: Feb 24, 2012

Atleast there are more name in the hat now. I think this will make things more difficult for Softbank.

14. Jommick

Posts: 221; Member since: Sep 10, 2013

Alternatively, they'd like to see a break up fee so they can purchase themselves from Deutsche Telekom and not need to worry about people purchasing them

16. DocOc

Posts: 143; Member since: Apr 23, 2014

It's always interesting to read these articles about one company bidding on another as if it was a done deal if they put the bid out there. Have any of these companies considered that TMO might not want to be bought anymore? They might just say NO.

17. tigermcm

Posts: 861; Member since: Sep 02, 2009

Sweet might please no! Why are cell companies and cable companies merging stop it! FCC please stop in! Keep them separate

18. downphoenix

Posts: 3165; Member since: Jun 19, 2010

Im okay with Comcast doing this if they dont get to buy Time Warner.

20. Slammer

Posts: 1515; Member since: Jun 03, 2010

Break up fee again? As much as I was against AT&T and its take over of T-mobile, I didn't see the point in a break up compensation. They were never together to break up. Same witb Sprint/T-Mobile. John B.

24. cdgoin

Posts: 614; Member since: Jul 28, 2010

If ComCast buys T-mobile.. hello Verizon.. !

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.