Vodafone ticks higher amid SoftBank rumors; Sprint, T-Mobile lower

With all signs suggesting U.S. regulators remain opposed to a Sprint/T-Mobile USA merger in spite of Masayoshi Son's PR campaign, rumors have emerged SoftBank (SFTBF) will turn its sights on acquiring Vodafone (VOD +0.9%) if its efforts to fuse the #3 and #4 U.S. carriers are thwarted.

It's worth noting Vodafone ($96B market cap) would be much harder for SoftBank ($87B) to digest than T-Mobile ($26B). If it was to try, SoftBank would doubtlessly make use of its 37% stake in soon-to-be-public Alibaba (could have a $50B+ pre-tax value).

Sprint (S -2.6%) and T-Mobile (TMUS -1.5%) are seeing moderate declines.

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Comments (3)
  • BigAppleGuy
    , contributor
    Comments (204) | Send Message
    Some analysts see a Sprint TMUS tie-up as likely and an offer coming in the next few months, so it all depends on who you believe.
    Buying VOD would be a big bite for even an alibaba-rich Son. This may be just an extreme reaction to window shopping. Sprint has always been sensitive to rumor, both positive and negative.
    7 Apr 2014, 07:08 PM Reply Like
  • Jp_Bob
    , contributor
    Comment (1) | Send Message
    Wow, what a big picture! Surely, Son has that option.
    7 Apr 2014, 10:05 PM Reply Like
  • Vegas_215E
    , contributor
    Comments (12) | Send Message
    "Don't believe the hype."
    8 Apr 2014, 02:01 AM Reply Like
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