Sprint and T-Mobile have once again entered into talks over a potential merger, reports The Wall Street Journal.
The revitalization of the discussion comes just five months after the two companies officially called off plans for a merger following an inability to reach "mutually agreeable terms."
/article-new/2013/12/sprinttmobile.jpg?lossy)
At the time, Sprint parent company SoftBank was not satisfied with the deal because of ownership terms, with SoftBank concerned about losing control of the combined company after T-Mobile parent company Deutsche Telekom requested a controlling stake.
The current discussions are said to be in a preliminary stage, and it's not clear what terms the two companies are considering, nor if the current administration would allow the deal to go through. Talks between the two companies have fallen apart several times before, and the same could be true of this round of discussions.
Should T-Mobile and Sprint be able to establish a satisfactory deal, the combined company would have close to 100 million customers, putting it ahead of AT&T and just behind Verizon.
When the last deal fell through in November of 2017, Sprint CEO Marcelo Claure said it was best for Sprint to move forward on its own and that the company would be "accelerating significant investments" to ensure its continued growth.
T-Mobile CEO John Legere said that a deal between T-Mobile and Sprint would need to "result in superior long-term value for T-Mobile's shareholders," and that T-Mobile would continue to disrupt the industry.
Top Rated Comments
I left Sprint for several reasons and I am not looking to go back.
You would think that they would have learned from the past.. sprint operating 2 different 4G networks plus the CDMA network is ultimately what killed them.
It has happened before, T-Mobile picked up MetroPCS, which was a CDMA network at the time.Now T-Mobile is thinking about buying a CDMA network.. although LTE should make it easier.. but it’s still a lot of networks to run and ultimately hurt the customer
[doublepost=1523393309][/doublepost]
I disagree, AT&T's coverage has become very bad in the Southern California area with tons of dropped calls and their customer service has become worse than Sprint's. Now that is on the business end, I cannot say for sure about the customer service on the consumer end of the service.I personally don't care what happens with this merger; I'm guessing now that Softbank just wants to cut their losses and I don't see the surviving T-Mobile staying ahead of AT&T for very long, if at all.
[doublepost=1523393388][/doublepost]
It isn’t going to happen. Sprint can’t even manage their own company, and they will still want control.
Exactly, T-Mobile needs to think long and hard about this.....wait, no they don't, they need to RUN away from Sprint as FAST as possible.I left Sprint for several reasons and I am not looking to go back.
Exactly, T-Mobile needs to think long and hard about this.....wait, no they don't, they need to RUN away from Sprint as FAST as possible.
Yep, as a southern californianer...? hmm. Anyway, as someone in Southern California - Verizon is king here. I've seen tons of AT&T customers switch over because of terrible service (coworkers, family, classmates, etc...).
('https://www.macrumors.com/2018/04/10/sprint-tmobile-merger-talks/')
Idk but I like T-Mobile. Just wish Motorolla could have a comeback like T-Mobile is having. Still make great radio products tho. Mostly i use their good walkie talkiesSprint and T-Mobile have once again entered into talks over a potential merger, reports The Wall Street Journal ('https://www.wsj.com/articles/sprint-t-mobile-restart-deal-talks-once-again-1523378376').
The revitalization of the discussion comes just five months after the two companies officially called off plans ('https://www.macrumors.com/2017/11/04/sprint-t-mobile-call-off-merger/') for a merger following an inability to reach "mutually agreeable terms."
At the time, Sprint parent company SoftBank was not satisfied with the deal because of ownership terms, with SoftBank concerned about losing control of the combined company after T-Mobile parent company Deutsche Telekom requested a controlling stake.
The current discussions are said to be in a preliminary stage, and it's not clear what terms the two companies are considering, nor if the current administration would allow the deal to go through. Talks between the two companies have fallen apart several times before, and the same could be true of this round of discussions.
Should T-Mobile and Sprint be able to establish a satisfactory deal, the combined company would have close to 100 million customers, putting it ahead of AT&T and just behind Verizon.
When the last deal fell through in November of 2017, Sprint CEO Marcelo Claure said it was best for Sprint to move forward on its own and that the company would be "accelerating significant investments" to ensure its continued growth.
T-Mobile CEO John Legere said that a deal between T-Mobile and Sprint would need to "result in superior long-term value for T-Mobile's shareholders," and that T-Mobile would continue to disrupt the industry.
Article Link: Sprint and T-Mobile Revisit Merger Talks ('https://www.macrumors.com/2018/04/10/sprint-tmobile-merger-talks/')
[doublepost=1523415310][/doublepost]Had sprint for years and I go skiing a lot in New England. I’ve should have rather just relied on McDonald’s WiFi hotspots along the route and not gave them any money.