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Big Telecom: Terms Set For Sprint To Buy T-Mobile For $32B 158

Posted by timothy
from the now-come-up-with-some-slogans dept.
First time accepted submitter Randy Davis (3683081) writes 'A report from Forbes says that Sprint buying T-mobile for $32 billion is almost done. This will clearly rock the top two telecommunication companies in the U.S., Verizon and AT&T. The news report also said that T-mobile will give up 67% share in exchange of 15% share of the merged company. Officials of both Sprint and T-Mobile are confident that FCC will approve this deal since AT&T's $48.5 billion acquisition of DirecTV got approved.' One reason for that confidence: "The predominant feeling is that combined T-Mobile and Sprint will be able to offer greater competition to Verizon and AT&T , ranked first and second respectively in the U.S. market. It will also give Sprint greater might in the upcoming 600 megahertz spectrum auction, especially since part of it excludes both Verizon and AT&T from bidding."

InforWorld puts the potential price even higher, and points out that the deal could still fall apart.
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Big Telecom: Terms Set For Sprint To Buy T-Mobile For $32B

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  • by Anonymous Coward on Thursday June 05, 2014 @10:08AM (#47171481)

    Also, AT&T's acquisition of DirecTV has not yet been approved. Huge factual error in the summary.

  • by Anonymous Coward on Thursday June 05, 2014 @10:34AM (#47171659)

    Except, t-mobile doesn't have contracts any more and no intelligent person had them before anyway. While t-mobile's service leaves something to be desired and so too probably the customer service I'd not switch to another carrier as the alternatives are worse. AT&T is expensive as hell and had a cozy relationship with Apple (another evil operation). AT&T's benefit though is they are also on the GSM standard (which does mean they are my 2nd choice among major providers). Then comes Verizon. Well, just f'ing evil as hell. They lock you you, are unsupportive of GSM standards, etc. I never want to go back to Verizon. As far as Sprint goes I've always been weary... but I didn't know exactly why. One issue I have with Sprint though is that they aren't GSM based. I want my f'ing standards.

  • by The-Forge (84105) on Thursday June 05, 2014 @10:45AM (#47171763)

    Sprint is CDMA. [wikipedia.org]

  • Re:I don't get it (Score:5, Informative)

    by DaphneDiane (72889) <tg6xin001@sneakemail.com> on Thursday June 05, 2014 @10:56AM (#47171863)

    The T-mobile that sprint wants to buy is "T-Mobile US", the T-Mobile that is trading stakes is Deutsche Telekom and their T-Mobile International AG holding company.

  • by evilviper (135110) on Thursday June 05, 2014 @03:04PM (#47174017) Journal

    This is wildly inaccurate.

    Funny, because I can't see where you actually disagree with much of what I've said. You just have the tone of a stockholder, and want to spin it to the positive, and paint all their problems and failures as minor issues that'll be fixed ANY DAY NOW...

    Actually they completely rebuilt their network

    I specifically mentioned the: "Network Vision" upgrades by name. What about it?

    Pretty strange to "completely" rebuild everything, and yet come back without LTE everywhere. And even their 2G/3G coverage hasn't been improved the slightest bit in any areas where I frequently have problems.

    Compare LTE coverage in 2012 to today and you can see a massive difference. You can't do that overnight.

    It's not"massive" at all. Two years, and only a minor expansion of LTE. All other providers, including T-Mobile, have FAR, FAR better LTE coverage, and are also expanding it FASTER.

    Sprint's major problem with 3G was the outdated backhaul.

    No, that was a minor problem. The MAJOR problem was depth of coverage. Theirs sucks. Their Nextel/iDEN coverage was VASTLY better than their CDMA.

    Actually WiMax was a use-it-or-lose-it deal. They had to deploy something to the 2.5Ghz bands or they would lose access, but LTE wasn't ready

    That doesn't change the fact that they missed a huge opportunity to use their existing WiMax to get a lot of "4G" coverage quickly, and wasted lots of money duplicating effort, building out LTE, first, in the same areas that had WiMax.

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