T-Mobile and Sprint are finalizing merger terms, sources say

“U.S. wireless carriers T-Mobile US Inc and Sprint Corp are finalizing terms as they seek to sign a merger deal in the next three days, people familiar with the matter said on Friday,” Reuters reports.

“Based on the stock exchange ratio under negotiation,” Reuters reports, “T-Mobile majority-owner Deutsche Telekom will own a little over 40 percent of the combined company, but will be afforded voting control so it can consolidate the company on its books, the sources said.

Brief article in full here.

MacDailyNews Take: If a “Big Three” affords more competition than a “Big Two and a Little Two,” then bring on the merger!

SEE ALSO:
Sprint and T-Mobile restart merger talks – April 11, 2018

8 Comments

  1. After being an customer of AT&T Mobility, née AT&T, née Cingular, née SBC Communications, née Southern Bell, née AT&T (to name just a few of the iterations) for more than 25 years, I recently switched to T-Mobile because of their superior coverage in my home location. In addition, my data limits went away and my bill went down by about $40 per month.

    1. So, I am glad to hear that you are enjoying superior coverage in combination with T-Mobile’s lower cost. I have read that T-Mobile is making a strong push to improve its high-speed coverage regions. Perhaps I will be able to praise T-Mobile’s coverage in the coming months? Time will tell…

    1. Using that logic, why not merge all companies into one giant company and maximize the benefit to the public and democratic governance? /s

      Sometimes I don’t understand you, Dingler. Other times I really don’t understand you.

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