A Sprint - T-Mobile merger deal may be agreed upon next week

A Sprint - T-Mobile merger deal may be agreed upon next week
After discussions that went on and off last year, T-Mobile and Sprint - the third and fourth largest mobile carriers in the US - may finally be on the verge of merging. Earlier this month, the two carriers restarted merger talks, and Reuters now reports that they've made significant progress in this regard.

According to unnamed sources that have shared information with Reuters, T-Mobile and Sprint could "successfully complete deal talks" as soon as the coming week. However, sources tell Reuters there's "no certainty" that a final deal will be reached.

Deutsche Telekom and SoftBank, the majority owners of T-Mobile and Sprint, are still undecided on how they're going to exercise voting control once (and if) the deal goes through. If the deal does go through, the newly-formed company would have a bit over 127 million US wireless subscribers, thus being almost as big as Verizon (over 149 million subscribers) and AT&T (over 138 million subscribers).*
 
Assuming SoftBank and Deutsche Telekom agree on a deal, they'll still have to wait for US authorities to approve the merger. If that eventually happens, it will be interesting to see what name and branding the new supercarrier is going to use.

* - numbers include postpaid, prepaid, and connected devices subscribers.

source: Reuters

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12 Comments

1. Nine1Sickness

Posts: 896; Member since: Jan 30, 2011

It’ll be funny to see Trump blocks this too.

5. tacarat

Posts: 854; Member since: Apr 22, 2013

He might do it to piss off AT&T. It's good leverage.

2. John.Banister

Posts: 2; Member since: Apr 26, 2018

I've been a T-Mobile customer for more than ten years, but if the merger goes through, and Masayoshi Son has any say at all in the merged company, I'm out.

4. Dr.Phil

Posts: 2453; Member since: Feb 14, 2011

I'm not so sure you'll like the other two any better.

3. Soundjudgment

Posts: 370; Member since: Oct 10, 2016

SprinT-Mobile has a nice flare to it.

6. tyger11

Posts: 295; Member since: Oct 29, 2012

This merger will be a 'merger' in name only, I predict, with the resulting company being called T-Mobile, with John Legere in charge. Sprint will get the death it so richly deserves, and T-Mobile will feed on the spectrum of its corpse and be ready for the coming 5G bloodbath.

12. Neoberry99

Posts: 73; Member since: Jun 30, 2015

Probably do it like they did when Sprint bought Nextel. It was Sprint-Nextel for 2 years then it was just called Sprint. The new company with be called TMobile Sprint.

7. zennacko unregistered

As long as current T-Mo executives retain their positions on the new company (Legere included), I'm fine with it.

8. boriqua2000

Posts: 258; Member since: Mar 11, 2009

I wonder if sprints stock will go up now

10. AustinPaul

Posts: 155; Member since: Dec 13, 2011

9% increase this morning.

9. Sparkxster

Posts: 1240; Member since: Mar 31, 2017

As long as Legere is in charge of the merged company then it will be a good thing. It will give US Cellular a chance to grow and expand since they will be the new number 4.

11. Blazers

Posts: 751; Member since: Dec 05, 2011

SoftBank must really want to dump Sprint. The board of directors must have told Son to put his ego aside, and take the money.

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