More on Sprint/T-Mobile


Sources tell the WSJ Sprint (S +4.3%) is "studying regulatory concerns" related to a T-Mobile USA (TMUS +8.2%) bid, and that SoftBank (SFTBF) founder/CEO Masayoshi Son is "driving" the effort. However, they caution Sprint hasn't yet decided whether to make a move.

Deutsche Telekom (DTEGY), which retains a 67% stake in T-Mobile USA, is said to be "looking to possibly exit the U.S. market." Though Deutsche is currently prohibited from selling T-Mobile shares until 18 months have passed from the closing of the MetroPCS deal, it can sell earlier if it received an offer for the entire stake.

Sprint and T-Mobile only have 53M postpaid subs between them, less than Verizon's 95M and AT&T's 72M. If they try to go through with a merger, they'll mention such figures to regulators early and often.

But the FCC and DOJ, only two years removed from thwarting AT&T's bid for T-Mobile, haven't given any indication they're now comfortable seeing further consolidation among nationwide U.S. carriers.

Previous: Sprint reportedly working on deal with T-Mobile

From other sites
Comments (4)
  • heloise8
    , contributor
    Comments (541) | Send Message
     
    Tmobile needs to sell itself to Sprint
    13 Dec 2013, 06:51 PM Reply Like
  • Leroyboy66
    , contributor
    Comments (34) | Send Message
     
    two perennial losers don't make a winner.... a pig is still a pig even if looks like a shined up Turd...
    15 Dec 2013, 02:46 AM Reply Like
  • seaway416
    , contributor
    Comments (100) | Send Message
     
    Deutsche Telekom would be wise to sell their stake and run.
    27 Dec 2013, 10:25 PM Reply Like
  • watchthemoney
    , contributor
    Comments (2) | Send Message
     
    Will be hard to sell with ATT offering $450 incentives to TMobile accounts.
    6 Jan 2014, 07:05 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs