WSJ: T-Mobile and Sprint restart preliminary merger talks
T-Mobile, which has become the most innovative and fastest growing wireless operator in the states under the leadership of president and CEO John Legere, was said to be interested in Sprint's hoard of high-frequency 2.5GHz spectrum. T-Mobile has been building out its 4G LTE network with the use of the low-frequency 600MHz airwaves it won last year in an FCC auction. While low-frequency spectrum travels farther and penetrates buildings better, T-Mobile was reportedly considering the 2.5GHz spectrum to help it build its 5G network.
A combined T-Mobile-Sprint would have approximately 100 million subscribers, which would allow the new firm to leapfrog over AT&T and become the second largest U.S. carrier after Verizon. While there is no guarantee that these talks, characterized as "preliminary," will lead to a merger, Sprint's shares surged 17% today to $6.01. The stock of T-Mobile is up 5.39% to $62.96.
Japan's SoftBank owns 85% of Sprint; the company's founder and CEO, Masayoshi Son, was reluctant last year to give up a large chunk of the carrier in any deal with T-Mobile. He also thought that he would be able to merge the weaker Sprint with the much stronger T-Mobile, and walk away with control of the merged company. German telecom giant Deutsche Telekom controls 65% of T-Mobile. Both sides last year supposedly agreed that a combined T-Mobile-Sprint would be majority owned by Deutsche Telekom, and run by T-Mobile's Legere, who has done an amazing job turning T-Mobile into a well known brand.
Will T-Mobile and Sprint finally exchange wedding vows? For this to happen, it seems that SoftBank's Son is going to have to take a realistic look at what he owns here. If Sprint has nothing to improve its current standing in the industry, this is a deal that needs to get done.
Posts: 115; Member since: Dec 20, 2012
posted on Apr 10, 2018, 3:41 PM 4
Posts: 204; Member since: Jul 15, 2011
posted on Apr 10, 2018, 3:49 PM 1
Posts: 1667; Member since: Oct 27, 2011
posted on Apr 10, 2018, 3:52 PM 2
Posts: 213; Member since: Jan 08, 2009
posted on Apr 10, 2018, 9:41 PM 1
Posts: 355; Member since: May 01, 2013
posted on Apr 10, 2018, 4:11 PM 5
Posts: 607; Member since: Sep 11, 2016
posted on Apr 10, 2018, 5:28 PM 0
Posts: 2427; Member since: Feb 14, 2011
posted on Apr 10, 2018, 6:13 PM 2
* Some comments have been hidden, because they don't meet the discussions rules.
PhoneArena Comments Rules
A discussion is a place, where people can voice their opinion, no matter if it is positive, neutral or negative. However, when posting, one must stay true to the topic, and not just share some random thoughts, which are not directly related to the matter.
Things that are NOT allowed:
- Off-topic talk - you must stick to the subject of discussion
- Trolling - see a description
- Flame wars
- Offensive, hate speech - if you want to say something, say it politely
- Spam/Advertisements - these posts are deleted
- Multiple accounts - one person can have only one account
- Impersonations and offensive nicknames - these accounts get banned
Moderation is done by humans. We try to be as objective as possible and moderate with zero bias. If you think a post should be moderated - please, report it.
Have a question about the rules or why you have been moderated/limited/banned? Please, contact us.
Send a warning to post author
Send a warning to Selected user.
The user has 0 warnings currently.
Next warning will result in ban!
Ban user and delete all posts
Message to PhoneArena moderator (optional):