Monday, October 20, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft To Launch A Wearable Device Soon
FCC To Explore High-frequency Wireless Technologies
Mozilla Hello Offers Voice and Video Calls Through The Browser
Samsung Adds Intel Processor To Chromebook 2
LG Ultra-Portable HD MiniBeam Projector Features Built-in Battery
Tweets To Feature Audio
New 64-bit Exynos 7 Octa Processor Supports Iris Recognition
Asus ROG Announces GR8 Gaming Mini-PC
Active Discussions
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
 Home > News > Mobiles > SoftBan...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, December 25, 2013
SoftBank Close to Deal For T-Mobile purchase


SoftBank and German carrier Deutsche Telekom are close to a deal that would merge T-Mobile US with Sprint, according to the Nikkei news agency.

The Japanese telecommunications giant intends to buy a majority of the shares in T-Mobile through U.S. subsidiary Sprint as early as next spring in a transaction estimated at more than 2 trillion yen ($19 billion), according to the report. It is in the final stages of talks with T-Mobile's German parent, Deutsche Telekom, sources close to the matter said, the report added.

SoftBank already owns a majority of Sprint, U.S. ' third-largest carrier. T-Mobile is majority owned by Deutsche Telekom.

The Wall Street Journal had reported earlier this month that Sprint was studying regulatory concerns about such a deal and might make an offer for T-Mobile in the first half of next year.

SoftBank might make its offer as early as spring 2014, Nikkei said, roughly matching the earlier report on timing.

Combining Sprint and T-Mobile would create a carrier with nearly 100 million customers, close to subscriber parity with AT&T and Verizon Wireless, each of which has more than 100 million. However, U.S. regulators might block such a transaction in order to preserve competition in the the U.S. wireless industry.




Previous
Next
Sony and Panasonic Cancel OLED TV Partnership: report        All News        Fujitsu Launches The F-04F Business Smartphone
Apple Fined in Taiwan for Interfering With Carrier Prices     Mobiles News      Fujitsu Launches The F-04F Business Smartphone

Get RSS feed Easy Print E-Mail this Message

Related News
T-Mobile Un-leashes Wi-Fi Worldwide With New Program
Verizon Sprint And T-Mobile Announce new iPhone Plans
French Carrier Iliad To Bid For T-Mobile
FTC Accuses T-Mobile For Bogus Charges
T-Mobile Offers Network Test Drive, Free Music Streaming
Sprint Closer to T-Mobile Acquisition
SoftBank's 'Pepper' Personal Robot Reads Emotions
Sprint Said to Plan T-Mobile Bid
T-Mobile Abolishes Consumer Overages
Blackberry Ends T-Mobile Licensing Agreement
AT&T And T-Mobile Cut Wireless Data Charges
T-Mobile Gives You $250 To Trade Your Old BlackBerry

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .