Results for "t-mobile merger"

Sprint Asks FCC To Block AT&T, T-Mobile Merger

Sprint Asks FCC To Block AT&T, T-Mobile Merger

When AT&T announced its plans to purchase T-Mobile for $39 billion, the most vocal opposition was third-place carrier Sprint. Very early on, Sprint warned U.S. regulators that the acquisition would "alter dramatically the structure of the communications industry" and said that AT&T and T-Mobile combined would be three times its own size. Today, Sprint officially filed a petition with the FCC to block the merger.

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AT&T / T-Mobile Merger Getting No Rubber Stamps from Senate

AT&T / T-Mobile Merger Getting No Rubber Stamps from Senate

Yesterday, the US Senate held a hearing on the AT&T / T-Mobile merger, titled "Is Humpy-Dumpty Being Put Back Together Again?”. If the name is not enough indication, a quick perusal of the transcript show some major suspicions on the part of Senators towards the deal. Senators Herb Kohl (D-WI), Michael Lee (R-Utah), Amy Klobuchar (D-MN), Chuck Grassley (R-Iowa), Al Franken (D-MN), John Cornyn (R-TX), and Richard Blumenthal (D-CT) wanted explanations as to why this merger was necessary, and why they should allow AT&T to absorb a competitor, bringing them back to near-monopoly status.

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Sprint and T-Mobile Merger a Possibility Thanks to Logic, According to Dan Hesse

Sprint and T-Mobile Merger a Possibility Thanks to Logic, According to Dan Hesse

Right now, Sprint is sitting high with all of their 4G talk. They've got their first 4G phone out there in the wild, and they've got 4G popping up in cities all over the United States. And while at this very moment they're using the same technology that Clearwire is (WiMAX), apparently that's still not stopping them from thinking about transitioning to LTE (Long Term Evolution) some time in the future. On top of that, a T-Mobile merger apparently holds a lot of logic.

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Dish, T-Mobile tipped to be in merger talk

Dish, T-Mobile tipped to be in merger talk

Dish Network, claimes to be the nation's 2nd biggest cable provider, and T-Mobile, the very outspoken fourth player in the country's "four carrier" wireless industry (at least according to the FCC) are said to be discussing a possible merger scenario, with some claiming a very positive outcome for the two companies is close at hand. If true, the industry could witness one of the biggest mergers between traditional media and communications companies, both of which are being threatened by the growing strength of the Internet.

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T-Mobile CEO may be hinting a merger is coming their way

T-Mobile CEO may be hinting a merger is coming their way

For quite some time, T-Mobile has been rumored for a merger or buyout. AT&T, Sprint, Dish, Iliad — you name them, T-Mobile has probably been rumored or in talks for a merger or acquisition. While T-Mobile CEO John Legere likes to slap away all talk of T-Mobile falling under the auspice of another company — and has even said he’s tired of talking mergers and acquisitions — he’s now making overtures that’s it’s inevitable, much like his boss has. In fact, Legere thinks it’s precisely how the industry will shake out over time.

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T-Mobile wants $1 billlion if proposed merger fails

T-Mobile wants $1 billlion if proposed merger fails

If the proposed merger between T-Mobile and Sprint fails to pass the watchful eye of the FCC, T-Mobile parent company Deutsche Telekom wants to cash in. A new report suggests the German company wants $1 billion or more from Sprint should the takeover/merger fall flat. Furthermore, Deutsche Telekom is seeking to keep key T-Mobile figures in place, as well as the brand they’ve worked so hard to build.

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T-Mobile MetroPCS merger confirmation allows final close by month’s end

T-Mobile MetroPCS merger confirmation allows final close by month’s end

This afternoon the official word from both Deutsch Telekom and T-Mobile USA has been sounded off, this pushing past earlier leaked news reports suggesting the news: the T-Mobile-MetroPCS combination has been approved. This approval comes at the hands of the stockholders of MetroPCS, this being essentially the last major step needed to be taken before the merger deal was finalized.

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T-Mobile to layoff employees before MetroPCS merger, sources say

T-Mobile to layoff employees before MetroPCS merger, sources say

First news of the T-Mobile acquisition of MetroPCS surfaced back in October 2012. Thus began the long process of passing through government red tape before the deal could actually go through. Earlier today, we reported that the carrier has received a thumbs up from the Department of Justice to move forward with the merger. Now, according to sources, the next step will be a large number of layoffs at T-Mobile's headquarters.

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