Thursday, October 27, 2016
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Brings 3D Creativity To Winsdows 10, Launches Surface Studio, Surface Book i7 And Affordable VR Headset
Alphabet Cutting Jobs in Google Fiber, Pauses Expansion Plans
Nintendo Cuts Profit Forecast
Sony To Establish New Imaging Products And Solutions Company
Samsung Pay Expand In New Russia, Thailand and Malaysia
Samsung Introduces New ARTIK Smart IoT Platform Modules
iPhone Sales Declined, But Services Revenue Grew In Last Fiscal Quarter
Google's Jamboard Reinverts The Whiteboard For Collaboration in the Cloud
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

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.

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
T-Mobile to Pay $48 Million Settlement Over Unlimited Data Plan Disclosures
T-Mobile Offers Free Pokemon Data
T-Mobile Halts Free Pizza Offers Due To Overwhelming Demand
T-Mobile To Give Its Customers Company Shares, Launches T-Mobile Tuesdays Gift App
T-Mobile Earns More Customers
T-Mobile 'Binge On Up' Hands-free Device Offers You Everything
T-Mobile To Offer Youtube Streaming Without Data Limits
T-Mobile CEO Says Binge On is About Customer Choices - Not Limitations
EFF Slams T-Mobile Over Video Throttling
Sprint Offers 50 Percent Off If You Switch From Verizon, AT&T and T-Mobile Rate Plans
T-Mobile Will Let You Stream Netflix Without Using Up Your Data
T-Mobile Offers You A Personalized 4G LTE Tower

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .