Sci-tech

Mobile Sprint merger may be saved with last minute compromise

Mobile Sprint merger may be saved with last minute compromise

The companies' unusual step of making a joint announcement on the canceled negotiations could indicate they still recognize the merits of a merger and could keep the door open for potential future talks.

"T-Mobile does not need a merger with Sprint to succeed, but Sprint might need one to survive", Piecyk wrote in an October research note.

It's possible that the two sides will come to an agreement within weeks, claims today's report. Given its greater userbase, T-Mobile likely wants the larger stake. News of the merger falling through due to a breakdown in power management is not entirely shocking, given the massive dose of personality that CEO John Legere has injected into T-Mobile over his five year tenure; to lose any control over the company's management or image would nearly certainly break any talk of a merger, though it's still unclear exactly how things unfolded to lead to where we are today.

Son met with Trump the month before he took office to talk up an investment in US businesses. Sources had originally stated that Sprint chose to call off the acquisition because Deutsche Telekom was looking to get the majority of control over the entity resulting from the merger; though some Sprint executives were reportedly okay with this, others allegedly wanted more. The company that has championed unlimited data is now introducing a new plan with unlimited talk, text, and no data. It ...

The companies expected to have a better shot at the merger this year under the Trump administration. SoftBank was prepared to give up control to do a deal with T-Mobile, sources familiar with the company's thinking told Reuters in February.

This isn't the first time Sprint has tried to acquire T-Mobile, and it may not be the last. But no deal was announced immediately following the conclusion of a ban on merger talks in April that was associated with a US government auction of wireless airwaves.

Legal experts also said earlier this year that it was hard to predict whether the current administration would be more receptive of a deal.


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