Thursday, November 26, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
German ISPs May Block Music-sharing Sites: court
Study Says HTTPS Certificate and SSH Key Reuse Endangers Millions of Devices Worldwide
SK Hynix Rejects Chinese Take-over Offer
New Huawei Mate 8 Smartphone Launched With Kirin 950 Inside
Samsung's New DDR4 with TSV Gives a Boost To Data Centers and Servers
New Raspberry Pi Zero Is A $5 Tiny Computer
Panasonic's CX Ultra HD Smart TVs Bring 4K Closer To Home
New LG Ray Smartphone Focuses On Photo Shooting
Active Discussions
roxio issues with xp pro
How to back up a PS2 DL game
Copy a protected DVD?
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 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
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
T-Mobile Customers Exposed in Experian Breach
Sprint Offers New iPhones With $1 Plan Trade-in Plan
Get An iPhone 6s for $5 Under T-Mobile's Trade-in Plan
Sprint Is Offering Cheap Plan For New iPhones
T-Mobile to Pay $17.5 Million to Resolve 911 Outage Investigation
Sprint Has A New, All-included Rate Plan For You
Sprint Loses $30m Patent Battle
T-Mobile 'JUMP! On Demand' Plan Lets You Chnage Your Phones three Times A Year
Dish To Merge With T-Mobile: report

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .