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T-Mobile USA (TMUS +3.3%) is "Plan B" for SoftBank (SFTBF.PK) if its merger with Sprint (S...

T-Mobile USA (TMUS +3.3%) is "Plan B" for SoftBank (SFTBF.PK) if its merger with Sprint (S +0.3%) doesn't go through, says CEO Masayoshi Son. But Son adds he "[plans] to go with Plan A if possible." Reuters reported last week SoftBank is talking with Deutsche Telekom (DTEGY.PK) about buying its 74% stake in T-Mobile USA if the Sprint merger fails thanks to a rival bid from Dish (DISH). For now, Sprint's board (unlike Clearwire's) is spurning Dish. As always, Son isn't lacking for confidence. "I am determined to be No. 1 in the world very soon in my industry ... You are lucky not to be my competitor."
Comments (3)
  • milehr
    , contributor
    Comments (490) | Send Message
     
    I wonder who is behind Dish. But, it is good for Clearwire, regardless.
    14 Jun 2013, 01:43 PM Reply Like
  • wpdsr001
    , contributor
    Comments (55) | Send Message
     
    So lets do it this way. Let Softbank buy Sprint as is, its almost done. Then let Dish buy the remaining Clearwire and move on to purchase T-Mobile.

     

    That will produce a very competitive 4 wireless providers and a good situation for the American Public.
    14 Jun 2013, 04:02 PM Reply Like
  • TA_Junkie
    , contributor
    Comments (26) | Send Message
     
    "I am determined to be No. 1 in the world very soon in my industry ... You are lucky not to be my competitor."

     

    Yeah, go for your plan B, SON! Your new offer provides less capital for S than you have promised in your earlier offer. Taking 3B cash from Sprint and giving it to shareholders while gain 8% more of the company for a 1.5B is a total insult to S share holders intelligence!
    14 Jun 2013, 07:17 PM Reply Like
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