WSJ: DOJ officials signal "skepticism" about Sprint/T-Mobile deal


The WSJ reports Sprint (S) CEO Dan Hesse and SoftBank (SFTBF, SFTBY) chief Masayoshi Son met DOJ officials this month regarding a possible T-Mobile USA (TMUS) bid, and were told a deal would be viewed "with skepticism."

The paper adds SoftBank and T-Mobile USA parent Deutsche Telekom (DTEGY, DTEGF) have been talking about a deal, but are still "working through remaining issues" such as the size of the deal's breakup fee (Son reportedly is pushing for a small one) and whether Sprint or T-Mobile's brand would be retained.

Both the DOJ and FCC have been expected to show intense scrutiny of a merger that would lower the number of nationwide U.S. carriers to three, and feature a carrier that has been upending the U.S. mobile industry with new promotions and pricing schemes.

TMUS -1.7% AH.

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Comments (9)
  • 96815234
    , contributor
    Comments (2402) | Send Message
     
    No, really?
    28 Jan 2014, 07:53 PM Reply Like
  • redarrow5150
    , contributor
    Comments (1375) | Send Message
     
    Is this the same branch of government that oversaw the airline mergers? Seems to me they have issues with mobile phone companies merger than the airlines.
    28 Jan 2014, 08:27 PM Reply Like
  • Matt-Man
    , contributor
    Comments (1051) | Send Message
     
    Having three major carriers instead of four would not be good for the end customer.
    28 Jan 2014, 08:28 PM Reply Like
  • MisterJ
    , contributor
    Comments (1180) | Send Message
     
    Don't give in to the Corporate Monopolists! Stay with the consumers!
    28 Jan 2014, 09:03 PM Reply Like
  • benyo56624
    , contributor
    Comments (12) | Send Message
     
    If they do not combine ..both sprint and Tmus will continue to loose against the VZ and T until they go bankrupt and then will have duopoly
    28 Jan 2014, 09:21 PM Reply Like
  • Patent News
    , contributor
    Comments (1475) | Send Message
     
    benyo hit the nail on the head.

     

    the monopolists at att and verizon are loving it!
    28 Jan 2014, 10:50 PM Reply Like
  • Taiko
    , contributor
    Comments (12) | Send Message
     
    It's wonderful.
    29 Jan 2014, 01:14 AM Reply Like
  • Priapus
    , contributor
    Comments (42) | Send Message
     
    Exactly. Any skepticism over current T/VZ corn-hole monopoly?
    29 Jan 2014, 07:06 AM Reply Like
  • putzandcallz
    , contributor
    Comments (153) | Send Message
     
    You don't know what transpired at this meeting, but you imply you do. Optimism works,not this, "fake out" reporting.....
    ( were told a deal would be viewed "with skepticism.")
    Sprint does not need T/blob..... All of the Telcom's are reacting to the Sprints new and faster Network (Sprint Spark)... that is clear "if not stop reading now"... Sprint's new Technology has been the reason for all the price changes todate.... because it is a faster, and soon HD clarity, network... T/blob is begging someone, anyone to take them over before they crash and burn.... Sprint is just trying to accommodate their plight.
    Sorry about being so cross, but this point had to be made. e.
    29 Jan 2014, 10:27 AM Reply Like
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