Breaking News

Sony Announces groundbreaking Alpha 1 Camera with 50mp and 8K Recording ASRock Launches 1L Jupiter X300 Mini PC Intel Teams up with ASUS and Colorful for first dedicated Iris Xe (DG1) Graphics cards TEAMGROUP Takes its Memory to the Next Level: Develops Next-Gen DDR5 SO-DIMM Samsung Expands Vital Blood Pressure and Electrocardiogram Tracking to Galaxy Watch3 and Galaxy Watch Active2 in 31 More Countries

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Sprint, T-Mobile Said to Begin Merger Talks

Sprint, T-Mobile Said to Begin Merger Talks

Smartphones May 12,2017 0

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.

Tags: SprintT-Mobile
Previous Post
SoftBank Invests in U.K. Tech Startup and Chinese Ride Hailing Firm Didi Chuxing
Next Post
Samsung Releases Tizen-based Z4 Smartphone

Related Posts

  • Wireless Companies Extend Concessions for Coronavirus-hit Until June 30

  • Some T-Mobile Customers Get Quibi For Free

  • T-Mobile Completes Merger with Sprint

  • T-Mobile's $ 15 Connect 5G Plan Launches Ahead of Schedule

  • T-Mobile Says it is Financially Prepared to Close the Sprint Merger

  • T-Mobile to Temporarily Close Indoor Mall Stores From Monday

  • FCC Proposes Over $200 Million fines Against Wireless Carriers For Failing to Protect Consumer Location Data

  • T-Mobile and Sprint Announce Amend Their Business Combination Agreement

Latest News

Sony Announces groundbreaking Alpha 1 Camera with 50mp and 8K Recording
Cameras

Sony Announces groundbreaking Alpha 1 Camera with 50mp and 8K Recording

ASRock Launches 1L Jupiter X300 Mini PC
PC components

ASRock Launches 1L Jupiter X300 Mini PC

Intel Teams up with ASUS and Colorful for first dedicated Iris Xe (DG1) Graphics cards
GPUs

Intel Teams up with ASUS and Colorful for first dedicated Iris Xe (DG1) Graphics cards

TEAMGROUP Takes its Memory to the Next Level: Develops Next-Gen DDR5 SO-DIMM
PC components

TEAMGROUP Takes its Memory to the Next Level: Develops Next-Gen DDR5 SO-DIMM

Samsung Expands Vital Blood Pressure and Electrocardiogram Tracking to Galaxy Watch3 and Galaxy Watch Active2 in 31 More Countries
Consumer Electronics

Samsung Expands Vital Blood Pressure and Electrocardiogram Tracking to Galaxy Watch3 and Galaxy Watch Active2 in 31 More Countries

Popular Reviews

CeBIT 2005

CeBIT 2005

Zidoo Z9S 4K Media Player review

Zidoo Z9S 4K Media Player review

CeBIT 2006

CeBIT 2006

LiteOn iHBS112 review

LiteOn iHBS112 review

Club3D HD3850

Club3D HD3850

Crucial P1 NVMe 1TB SSD review

Crucial P1 NVMe 1TB SSD review

Toshiba Exceria M303 64GB and M501 Exceria Pro 64GB MicroSDXC review

Toshiba Exceria M303 64GB and M501 Exceria Pro 64GB MicroSDXC review

Hitachi DZ-MV100A DVD Camcorder

Hitachi DZ-MV100A DVD Camcorder

  • Home
  • News
  • Reviews
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed