Saturday, February 28, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
New Draft Bill Focuses On Consumer Data Privacy
Uber Says Breach Affected 50K Drivers
Google Showcases Future Silicon Valley Headquarters
Lenovo Offers Free McAfee LiveSafe Following Superfish Security Concerns
Yahoo Gains Search Share
Twitter To Offer More User Safety Features
Google to Start Ranking Mobile-friendly Sites Higher
Qualcomm Extends LTE to Unlicensed Spectrum to Enhance Mobile Experiences
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 Home > News > Mobiles > Sprint ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, June 05, 2014
Sprint Closer to T-Mobile Acquisition


Sprint Corp. is nearing an agreement on the price, capital structure and termination fee of an acquisition for T-Mobile US. according to various reports.

Sprint will offer about 50 percent stock and 50 percent cash for T-Mobile, leaving Bonn-based parent Deutsche Telekom AG with about a 15 percent stake in the combined company, Bloomberg reported today. The agreement could be announced as soon as July, the report added. At just under $40 a share, T-Mobile’s equity value would be about $31 billion.

A deal would bring together the third- and fourth-largest U.S. wireless carriers to create a more formidable competitor to AT&T Inc. and Verizon Communications Inc.

Billionaire Masayoshi Son, the founder of Japan-based SoftBank Corp. owns 80 percent of Sprint. Deutsche Telekom owns about 67 percent of T-Mobile.

However, ther is a regulatory challenge as the biggest hurdle facing the companies since both the U.S. Federal Communications Commission (FCC) and Department of Justice (DOJ) have expressed a desire to have at least two more network operators competing against the market leaders AT&T T.N and Verizon VZ.N.

Three years ago regulators rejected AT&T's agreed bid for T-Mobile US.

But still, Softbank and Deutsche Telekom could choose to challenge the U.S. government in court if the acquisition was blocked.





Previous
Next
HyperX Releases Impact SO-DIMMs, FURY SSD, White Headset and Mouse Pad at Computex        All News        Kingston Digital Ships M2 SATA SSDs, Second Generation MobileLite Wireless Media Streamer
Galaxy Note 3 Users Experience Problems After KitKat Upgrade     Mobiles News      Amazon's Long-Awaited Smartphone May Be Coming June 18

Get RSS feed Easy Print E-Mail this Message

Related News
RadioShack Reaches Asset Purchase Agreement with Sprint To Acquire Its Stores
Sprint To Take Over RadioShack Stores: report
T-Mobile to Pay $90 Million To Settle Case With FCC
T-Mobile Lets You Roll Forward Your Unused Data
Sprint Takes On AT&T, Verizon With Half-Price Promotion
T-Mobile To Disclose More Information Related To Consumers Using Mobile Speed Tests
AT&T, Sprint Start Offering the Nexus 6
Sprint To Cut More Jobs
Sprint Now Offer $20, 1GB Family Data Plan
Sharp AQUOS Crystal Now Available From Sprint
T-Mobile Un-leashes Wi-Fi Worldwide With New Program
Verizon Sprint And T-Mobile Announce new iPhone Plans

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .