Sprint and T-Mobile expected to announce merger details this month


Rumors about the Sprint/T-Mobile merger continue to make headlines, but that won't go for too long now. Apparently, the carriers are currently ironing out the final details of the deal, so we could have an official announcement laying them out sometime this month.

Bloomberg reports that the companies have reached to the point where they need to decide on the exchange ratio that will determine Sprint's valuation, one of the last steps before the merger could be officially announced.

Sprint and T-Mobile continue to discuss non-cash items, such as the location of the HQ that will shelter the leadership of the new entity resulting from the merger.

People with knowledge of the matter claim that a traditional breakup free will most certainly not be included in the final agreement as to avoid the risk of US regulators rejecting the merger, much like the merger deal between Comcast and Time Warner Cable Inc.

However, it's possible that SoftBank, the majority owner of Sprint, would still push for a cash termination payment in case it doesn't get what it wants from the deal by the time merger is announced.

Last but not least, both carriers want to go ahead with the merger as quickly as possible and finalize a deal agreement that can be released at the same time with the quarterly earnings, which is meant to help them avoid confusion over the status of the deal.

source: Bloomberg

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12 Comments

1. tallmatt81

Posts: 71; Member since: Dec 22, 2016

I guess starting in 2018 I can kiss $50 for unlimited goodbye?

2. ldpantoja

Posts: 31; Member since: Oct 21, 2014

I would ditch Verizon really quick for T-Mobile. I just dropped Tmo back in June and have been extremely disappointed with “The Best”. Hopefully T-Mobile won’t turn into Sprint.

15. ojdidit84

Posts: 462; Member since: Jul 16, 2011

Same here. I switched to VZW back in February. I forgot that was the reason I left Them for TMo 4 years ago. Going back to TMo when I have the chance...

4. daddyd302

Posts: 49; Member since: Jul 17, 2008

NO NO NO NO NO NO NO NO NO NO!!!! We need more competition not less!

10. Soundjudgment

Posts: 370; Member since: Oct 10, 2016

Just worry more about what AT&T and Verizon will do about this new... 'threat'.

12. PhoneInQuestion

Posts: 496; Member since: Aug 20, 2017

Do the same thing they've always done. Gotcha.

7. mike2959

Posts: 694; Member since: Oct 08, 2011

Sprint has been marred with bad decision after bad decision. To the awful waste of resources with NASCAR, billions..To the WIMAX technology...To Virgin mobile, to the NEXTEL deal. Not a single one of these has positioned themselves better TODAY. Still last. Been last for 20 years now.

9. palmguy

Posts: 982; Member since: Mar 22, 2011

So true. I worked at Sprint from 03 - 12. They had great ideas but all failed. You can cheer for the losing team for so long.

14. QWIKSTRIKE

Posts: 1459; Member since: Mar 09, 2010

SPRINT JUST BECAME LAST IN THE LAST 4 YEARS. What did you do just wake up last week. The big mistake was betting on iPhone instead of extending the network by Dan Hesse. The iPhone bet cost 15 billion dollars of debt.

11. PhoneInQuestion

Posts: 496; Member since: Aug 20, 2017

That's what the most greedy tech firms need, less competition.

16. jonathanfiuwx

Posts: 182; Member since: Mar 10, 2017

I have the sero-p plan, I am the most worried about this

17. jphiller87

Posts: 92; Member since: Apr 23, 2015

As long as it doesn't affect my bill i'm okay with this. I have 4 lines Unlimited Talk/Text and 24gGB of LTE for only $93 a month.

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