Wednesday, December 13, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
T-Mobile Enters The pay-TV Market With the Acquisition of Layer3 TV
Samsung Patents 'Double-sided' Smartphone
Apple Invests in FaceID Component Maker Finisar
Corsair Launches 4GHz DDR4 SODIMM 32GB Memory Kit
Google's Year in Search
Google Opening Artificial Intelligence Research Center in China
AT&T is Testing Broadband Internet Over Power Lines
Toyota and Panasonic to Start Study on Automotive Prismatic Battery Business
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > Sprint,...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, May 12, 2017
Sprint, T-Mobile Said to Begin Merger Talks


Sprint and its largest shareholder SoftBank have started preliminary conversations to merge with T-Mobile US, Bloomberg reported on Friday, citing people familiar with the matter.

The U.S. Federal Communications Commission had barred merger talks among telecommunications companies for more than a year as it conducted a $19.8 billion auction of airwaves from broadcasters for wireless use.

Reuters reported in February that SoftBank was positioning itself for deal talks with Deutsche Telekom, which owns 65 percent of T-Mobile, once the auction was out of the way.

SoftBank Chairman Masayoshi Son and Deutsche Telekom Chief Executive Officer Tim Hoettges separately told investors this week they'd be open to discussions about consolidation.

A Sprint merger with T-Mobile comes fraught with regulatory risk. Sprint had been interested in acquiring T-Mobile in 2014, though the deal fell apart on regulatory concerns.

T-Mobile is larger of Sprint, which has struggled to retain customers even after offering the industry's cheapest unlimited data plans. Sprint is languishing in fourth place in the U.S. wireless market.



Previous
Next
SoftBank Invests in U.K. Tech Startup and Chinese Ride Hailing Firm Didi Chuxing        All News        Samsung Releases Tizen-based Z4 Smartphone
Accessory Line-up for the Samsung Galaxy S8 and Galaxy S8+     Mobiles News      Samsung Releases Tizen-based Z4 Smartphone

Get RSS feed Easy Print E-Mail this Message

Related News
T-Mobile Enters The pay-TV Market With the Acquisition of Layer3 TV
Sprint to Offer Free Hulu Service
SoftBank's Sprint Partners With Cable TV Company Altice
T-Mobile and Sprint End Merger Discussions
Sprint, T-Mobile Merger Talks Stopped: report
SoftBank Agrees on T-Mobile - Sprint Merger: report
Sprint Is Offering a Free iPhone 8 With Trade-In
T-Mobile to Offer Free Netflix Plan
Sprint Starts Partnership Talks With US Cable TV Providers Charter Communications and Comcast
T-Mobile to Roll Out 5G in U.S. in Two Years
FCC Announces Airwaves Auction Results, T-Mobile, Dish bid $14 billion
SoftBank To Offload Sprint: report

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .