T-Mobile merger put on the backburner, as Sprint enters exclusive talks with Comcast

T-Mobile merger put on the backburner, as Sprint enters exclusive talks with Comcast
The much ballyhooed potential for a merger between T-Mobile and Sprint is suddenly being put on hold, report the proverbial "sources familiar with the matter," as Sprint will be entering exclusive two-month talks with Comcast and Charter. 

The cable companies recently made a push into mobile, and an arrangement with Sprint will only boost those efforts significantly. They could, for instance, invest into a better Sprint network, and in return get perks and discounts as MVNO entities perusing Sprint's established coverage.

Alternatively, the two could team up and outright acquire Sprint, but its market cap plus debt total north of $60 billion, so a preferential network treatment for Comcast/Charter would be the more likely outcome of the talks, and that scenario wouldn't be mutually exclusive with a T-Mobile merger still. In any case, Sprint's Chairman Masayoshi Son has reportedly signed up for an exclusive discussions agreement with the cable firms until at least late July, so there might be no T-Mobile/Sprint merger news until then, it seems.

source: Fox Business   

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13 Comments

1. QWIKSTRIKE

Posts: 1457; Member since: Mar 09, 2010

Competition of four Rather than three better for consumers.

12. Highside

Posts: 197; Member since: Jan 31, 2017

Comcast is an incredibly EVIL company ran by complete scumbags. Their HQ is in my backyard. This is NOT good. A merger with T-mobile is much better for consumers. If Comcast buys Sprint, I will leave after 15 years and probably do Verizon pre-paid with my unlocked S8.

2. Doakie

Posts: 2456; Member since: May 06, 2009

Makes sense, the most hated cable provider buys the most hated cellular provider... Don't bother worrying about improving that image Comcast...

3. tokuzumi

Posts: 1754; Member since: Aug 27, 2009

Looks like t-mobile users have dodged a bullet. Comcast jumped on that grenade.

6. QWIKSTRIKE

Posts: 1457; Member since: Mar 09, 2010

I have Sprint and T-Mobile with Google fi, and I have unlimited data with Sprint..... T-Mobile May have faster speeds but their service is way worse than Sprint's. What in the Kool aid besides legeres magical marketing. Having phones on both services at The Same time let's me see whom I Will choose and it's not TMobile If you have TMobile and it works great..here in The Bronx Sprint works better.When I go to the Poconos there's no TMobile service but there is Sprint service. Use whomever you like but on the real TMobile isn't there yet.

8. Ocr22

Posts: 29; Member since: May 12, 2017

Here in los angeles is the opposite . i had both as of now 2017 many places sprint has very spotty service and no lte only spotty slow 3G , like victor ville ,Hesperia and many more places... T-Mobile has LTE all over there in those places just like at&t and verizon do and it works real good . so yes like u said its different for everybody so just use what ever works in ones area ,sprint works in yours ,T-Mobile works in mine.

9. Quicksword_Phantom

Posts: 180; Member since: Jun 15, 2015

Sprint is absolute garbage.

4. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

Comcast already has a mobile option with a partnership they've had with VZW for years. Even now Xfinity Mobile uses Verizon's network. Of course if Comcast bought Sprint.... Please don't let it happen.

5. det_bradlee

Posts: 153; Member since: Jun 08, 2015

I'd much rather see TMo partner with Dish and offer video to home over their spectrum. Dish has a ton sitting stagnant.

7. Greenmule

Posts: 128; Member since: Apr 24, 2017

Ten years ago Sprint sent a letter to its "high maintenance" customers informing them that they had to go:fhttps://www.cnet.com/news/sprint-breaks-up-with-high-maintenance-customers/ Two weeks ago Sprint invited those customers to return, and if they did they would get a free year of service, provided that they ported in a number. Did anyone take advantage of the offer? Sprint can't figure out VoLTE. They are way behind on 5G. Their debt load is so high that they cannot afford to deploy the spectrum that they own Sprint has gone very wobbly. Perhaps a way out is to be absorbed by a content provider and become a cellular data supplier: 100 gigs of LTE for $50.00/month no cellular phone, no SMS. I hope that they get acquired/absorbed before they go bankrupt and need a taxpayer funded bailout.

10. Quicksword_Phantom

Posts: 180; Member since: Jun 15, 2015

Very well said. However I don't understand this bs of another company or rich investors who insist on keeping Sprint afloat. They dug their own hole. Refused to change and now it's too late and they are crying for help. Worst. Service. Ever..If it goes to taxpayer bailout which is bs, the company should be completely stripped of the Sprint moniker, renamed and revamped completely.

11. Greenmule

Posts: 128; Member since: Apr 24, 2017

The money person comes in with the appearance of a "white knight" but quickly becomes and "activist investor" and screams bloody murder until the company gets bought at some "equitable return" on Market Cap. Not necessarily the case with Sprint because the Japanese tend to be much more patient; but even Masayoshi Son sees the futility of the investment; he wants out. Yes, Sprint needs to go away completely; not to be thought of as a cellular company again.

13. jonathanfiuwx

Posts: 175; Member since: Mar 10, 2017

comcast should be investigated for being a monopoly. they already bought cable companies, NBC, the weather channel, Universal, and a few others. what happened? prices went higher with new techonology being brought out like speaking into your remote. weather channel doesnt do 24 hour weather like the 90s and is so politically 1 sided its hard to think if it were me born 5 years ago, i wouldnt have been inspired into meteorology like i was back then and graduated a masters degree. now comcast wants sprint? i dont agree with this at all and i hope law makers step in. what will happen is a complete change in sprint for the worse then probably re-released as a different technology. while i like sprint the way it is... if i had to choose who i would best love to merge with it would be tmobile due to the success they have had the last couple of years creating growth and fast data speeds. i tried tmobile using the 30 dollar international visitor plan for 21 days and it works nicely but not as good as sprint when it comes to what im offered (sero-p)

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