Posts tagged merger

AT&T

The CMO of AT&T, John Stephens doesn’t sound all too optimistic about the merger between Sprint and T-Mobile going through. It seems like he’s speaking with experience here as the carrier failed to grope T-Mobile a couple of years ago and had to incur heavy amounts in fines for the cancellation of the deal. Stephens said everybody would be very surprised if the FCC and the authorities actually permit this acquisition.

Sprint - T-Mobile Merger

Speaking at a conference recently, the CFO of T-Mobile, Braxton Carter has thrown light on the ongoing talks of the carrier being acquired by Sprint. According to him, it is most likely going to happen, but he wasn’t sure when. This comes after talks of regulatory authorities such as the FCC cried foul over the proposed merger between the third and fourth largest carrier in the U.S.

Sprint - T-Mobile Merger

Sprint and T-Mobile could be rethinking a possible, according to sources close to the two companies who have been speaking to The Wall Street Journal. SoftBank CEO Masayoshi Son is reportedly interested in the deal as well — but not if it is unlikely to be approved.

The rumors of a T-Mobile/Metro PCS merger have been burning hot over the past 24 hours and it appears for good reason. The merger is real and was announced by T-Mobile a short while ago. T-Mobile USA will be merging with Metro PCS in a $1.5 billion deal. Not only will MetroPCS Shareholders receive $1.5 Billion in cash, but they will also have a 26% ownership in the combined company. Not a bad deal if you ask me.