Mobile And Sprint Deal: Companies Could Try To Merge Again

Mobile And Sprint Deal: Companies Could Try To Merge Again

Some have also suggested that the political environment under President Trump would be more accommodating of a T-Mobile-Sprint merger, so that could also help a deal get done this time. But the two plan to meet in April.

With T-Mobile's success in the last few years, Deutsche Telekom's Chief has shared they won't consider giving up a majority of T-Mobile.

Softbank, Sprint and Deutsche Telekom did not immediately respond to requests for comment.

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T-Mobile has been gaining subscriber and revenue share vs. AT&T (T) and Verizon Communications (VZ) for three years with its "Uncarrier"-branded marketing, while Sprint has also showed signs of rebounding".

It's trying again, however, out of "frustration" with its inability to "grow significantly" in the United States, according to Reuters. T-Mobile also spiked almost 5 percent. Carriers will need to spend billions of dollars to upgrade to 5G networks that promise to be 10 times to 100 times faster than current speeds. A new report claims that formal merger talks between Sprint and T-Mobile could begin sometime in April. T-Mobile's market value now stands at $50 billion, or about $20 billion higher than its 2014 value.

The rumored deal is expected to face scrutiny.

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Back in 2013, before T-Mobile soared in popularity, the situation was reversed. Lead by colorful and irreverent CEO John Legere, T-Mobile has carved out a niche as a carrier that is willing to take on Verizon and AT&T with attractive pricing, fun promotions, and innovative plans (which are often later copied by the competition). In December he met with President Trump, who announced he'd pledged to create 50,000 new jobs in the US. Since then, T-Mobile in the USA has been highly successful in adding more customers to its service, thanks to some very aggressive marketing and many different plan changes and promotions.

"We may buy, we may sell", Son told analysts on the company's latest quarterly earnings call earlier this month.

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