Sprint's support for acquiring fellow wireless service provider T-Mobile may be dwindling faster than it had hoped. Arguments that the two carriers can better compete with juggernauts Verizon and AT&T may lose steam as Deutsche Telekom AG, the owner of T-Mobile, is confident that T-Mobile can stand on its own.
Despite intense opposition from the U.S. government, Sprint will be taking its case for a merger with T-Mobile directly to the Chamber of Commerce March 11, according to a new Wall Street Journal report Tuesday.
Sprint is facing some stiff opposition to a proposed takeover of fellow wireless carrier T-Mobile, but Masayoshi Son, the president of Japan-based SoftBank Corp. reiterated the company's desire to follow through with the deal during a quarterly earnings report Tuesday.
Sprint, the third-largest wireless carrier in the United States, announced its fourth quarter results Tuesday, revealing that while it is experiencing customer growth, the company is still losing money.
In what could be another blow for a proposed Sprint takeover of T-Mobile, Sprint executives are reportedly reassessing their game plan in light of opposition from both the U.S. Justice Department and Federal Communications Commission (FCC).
Despite mounting pressure against a merger with T-Mobile, Softbank-owned wireless carrier Sprint is reportedly close to obtaining $45 billion in debt financing for the deal from major banks, a DealReporter report revealed Wednesday.
The proposed Sprint and T-Mobile merger seems to have hit another roadblock in the government as Federal Communications Commission (FCC) Chairman Tom Wheeler has apparently expressed concern about any further consolidation in the U.S. wireless industry.
The next generation of smartphones has not been revealed yet, but tech fans are already anticipating the 2014 releases. Of course, it is never too early to think about saving money. As a result, discounts are being offered on highly anticipated unreleased phones like Apple's iPhone 6 and Samsung's Galaxy S5.
The latest announcement of T-Mobile will surely make all LG G Flex fans jump for joy. The rumored Optimus F3Q and flagship smartphone of LG G Flex will be made available by February 5.
As the mobile market grows more competitive, wireless networks are constantly on the lookout for ways to improve their situation against behemoths Verizon Wireless and AT&T, the two largest carriers in the United States. Recent rumblings indicate that Sprint is interested in merging with T-Mobile, but the road might not be so easy, according to new details.
