T-Mobile and Sprint could agree on merger deal in October


A Sprint - T-Mobile merger that could shake up the US wireless industry has been in the rumor mill for years. Now, the deal is close to being finalized - according to Reuters and "people familiar with the matter."  



 



Reportedly, T-Mobile and Sprint are "close to agreeing tentative terms" on the merger. Japan's Softbank, Sprint's parent company, would own at least 40%, but not more than 50% of the newly-formed wireless carrier, while Germany's Deutsche Telekom, T-Mobile's parent company, would retain a majority stake.



 



Reuter has it that a final deal could be reached by the end of October. Of course, even if Softbank and Deutsche Telekom agree on every tiny detail regarding the merger, the deal will still need regulatory approvals.



 



As you may remember, some years back, AT&T agreed to buy T-Mobile, but the deal eventually fell through - one of the main reasons for this being opposition from the US Department of Justice, which argued that such an acquisition would "substantially lessen competition." It remains to be seen how a merger between T-Mobile and Sprint will be seen by US authorities.



 



If T-Mobile and Sprint eventually merge, they'd form a wireless carrier comparable to Verizon and AT&T in terms of subscribers (a bit over 130 million). However, the new carrier would likely still be no. 3 overall, behind both Verizon and AT&T. We'll be keeping a close eye on this, and report back when new, meaningful details are available.

 



source: Reuters

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21 Comments

1. thxultra

Posts: 457; Member since: Oct 16, 2014

Really hope not. Less competition is never good for the consumer. Plus Sprint Mergers are always a disaster look at Nextel.

9. Greenmule

Posts: 129; Member since: Apr 24, 2017

Sprint cannot compete if it cannot survive. Too many unforced management errors have doomed it. Please do not make me, as a US taxpayer, pay for the managerial errors of this company.

2. Landon

Posts: 1245; Member since: May 07, 2015

T-Sprint? Mobi-Sprint? T-Moprint? None of that sounds catchy.

3. kennybenny

Posts: 214; Member since: Apr 10, 2017

This could become a monopoly/oilgopoly like in Canada where there is no to little competition and any competitor will be shut down or bought out by Canada's powerful Big Three. The same thing could happen in the USA in the future should the merger happen....

6. TeriusRose

Posts: 108; Member since: May 12, 2017

What do you mean could? That is already the situation and it has been for quite some time. Same deal with media companies, Internet service providers, and many other industries.

10. Greenmule

Posts: 129; Member since: Apr 24, 2017

That's correct. In 1960 the USA had 4 automakers, in 1987 we had 3, and today we have 1.5 automakers plus Tesla. That's how it rolls when management stays lingering in the past.

20. TeriusRose

Posts: 108; Member since: May 12, 2017

Part of that is because of brands failing and falling off the map. That's a bit of a different scenario with cars. The automotive industry is notoriously difficult to survive in, much less thrive.

4. BGChicago

Posts: 225; Member since: Nov 16, 2014

I hope they don't merge. Never heard anything good about Sprint. T-Mobile on the other hand is getting better and better every month (been with them for 8 years, they are now better than ATT where I live)

7. TeriusRose

Posts: 108; Member since: May 12, 2017

If the executives from T-Mobile are basically the ones running the show, then it could be fine.

5. GoTstan

Posts: 386; Member since: Jul 25, 2015

Noooooo, I've been with tmo 8yrs as well and this would be no good

8. j_grouchy

Posts: 177; Member since: Nov 08, 2016

Is the GSM/CDMA issue still a thing? I mean, I guess nowadays a lot of devices can handle both types of networks...so maybe it's NOT such a big deal anymore?

11. JadeMoon

Posts: 145; Member since: Aug 12, 2012

Where is the government when you need them? Block this merger already!

12. andynaija

Posts: 1259; Member since: Sep 08, 2012

I really don't want this to happen.

13. docdevices

Posts: 87; Member since: Oct 10, 2016

I am at all enthused about this. This would undoubtedly mean less carrier competition for the United States market, and it would mean that if pricing were to be raised by this “new”entity to match the current “big two”, the consumer would be the ultimate loser.

14. dragon76

Posts: 32; Member since: Jun 24, 2012

This would be awesome in my area, both have "hit or miss" area's that Verizon and AT&T have good/excellent coverage in so the combination of Sprint and TMobile would give me the coverage

19. Brandon21213

Posts: 5; Member since: Sep 16, 2017

Where do u live?

15. jonathanfiuwx

Posts: 182; Member since: Mar 10, 2017

whats exactly wrong with this? 600/700mhz low band 850mhz for police channels/public service 1900mhz VoLTE midband 2.5ghz high band LTE

16. jonathanfiuwx

Posts: 182; Member since: Mar 10, 2017

besides... i live in shentel area. sprint works better than verizon in harrisburg, PA. rootmetrics shows it

17. Greenmule

Posts: 129; Member since: Apr 24, 2017

Would you happen to know how far north and east of Harrisburg the Shentel area goes? I believe that the Shentel thing plays a big part in this merger. Pretty soon, there is going to be 600Mhz from the PA/NY line to Roanoke, VA. And now Shentel has bought nTelos and that gives them a territory all the way to Arkansas. Ihttps://www.shentel.com/news/2017/april/parkersburg%20expansion

18. jonathanfiuwx

Posts: 182; Member since: Mar 10, 2017

yes i do. shentel maps is actually visible when you go to sprints coverage map and look up direct connect coverage. while its not the entire amount... majority of it is Expanded Sprint Direct Connect coverage

21. tigermcm

Posts: 861; Member since: Sep 02, 2009

if im not mistaken even with the merger they would still be a distance 3rd right? that was Sprint's argument the first time that individually they are no match for the top two and even merged it will still be a struggle

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