Sprint T-Mobile Merger $50 Billion

WSJ: Sprint and T-Mobile have agreed to a $32 billion merger [updated]

By on June 4, 2014 at 7:06 PM.

WSJ: Sprint and T-Mobile have agreed to a $32 billion merger [updated]

Although Sprint and T-Mobile are facing some steep regulatory hurdles, the two companies are apparently going to try to go ahead with their merger anyway. The Wall Street Journal’s sources say that Sprint parent company SoftBank and T-Mobile parent company Deutsche Telekom have agreed to a deal that will see SoftBank acquire a majority stake in T-Mobile for $40 per share in a deal worth $50 billion. T-Mobile’s shares closed trading Wednesday at $34.28 each while its market cap stood at $27.46 billion, so it looks like DT will be getting a nice premium from SoftBank in the deal, especially since the Journal’s sources say it would retain a 15% to 20% stake in T-Mobile even after the deal is complete. SoftBank has argued that it needs T-Mobile to build Sprint into a truly competitive wireless carrier, although its arguments have been greeted with skepticism by regulators so far.

UPDATE: The original WSJ report said that the merger would be worth $50 billion, but it has since changed its report and is now saying it will be worth $32 billion.

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Sprint Chairman Son Interview

Sprint’s chairman doesn’t know why we tolerate our awful American ISPs

By on May 29, 2014 at 11:15 PM.

Sprint’s chairman doesn’t know why we tolerate our awful American ISPs

Sprint chairman Masayoshi Son thinks that America’s Internet service is “terrible,” including the wireless data service provided by his own company. CNET reports that at Re/code’s conference this week, Son once again laid into America’s ISPs and wondered why we bothered putting up with them and their pricey, subpar services. More →

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Sprint-T-Mobile Merger News

The Sprint-T-Mobile merger is one step closer to becoming a reality

By on May 29, 2014 at 12:44 PM.

The Sprint-T-Mobile merger is one step closer to becoming a reality

There hasn’t been all that much attention paid to the potential Sprint-T-Mobile merger recently, both because it’s been overshadowed by the Comcast-Time Warner Cable merger and because it sounds like there’s little chance of federal regulators actually signing off on it. However, Reuters brings us word that the Kyodo news agency in Japan is reporting that T-Mobile parent company Deutsche Telekom has agreed to the terms of a merger agreement proposed by Sprint parent company SoftBank. Terms of the proposed deal have not yet been revealed. More →

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T-Mobile Vs Sprint

T-Mobile has passed Sprint to become the nation’s No. 3 smartphone carrier

By on May 23, 2014 at 11:35 AM.

T-Mobile has passed Sprint to become the nation’s No. 3 smartphone carrier

Some widely-covered research from Counterpoint analyst Neil Shah seemingly showed us that despite Android’s global dominance, Apple is still the top-selling smartphone vendor in the United States by a sizable margin, thanks to its popular iPhone lineup. An equally or possibly even more interesting point was lost in much of the reporting that covered the research, however: T-Mobile soared past Sprint in the first quarter this year to become the nation’s No. 3 carrier in terms of smartphone sales. More →

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Sprint FCC fine

Sprint hit with largest ever fine over Do Not Call noncompliance

By on May 20, 2014 at 9:00 PM.

Sprint hit with largest ever fine over Do Not Call noncompliance

Sprint was hit with a $7.5 million fine by the Federal Communications Commission for not complying with the Do Not Call Registry by sending consumers unwanted phone calls and text messages, according to The Associate Press. Sprint’s fine is the largest Do Not Call-related fine the FCC has ever handed out. That being said, Sprint will probably be OK, with its $8.88 billion in revenue last quarter. More →

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HTC One M8 Harman Kardon Edition Review

Does the HTC One (M8) Harman Kardon edition really sound that much better than the original?

By on May 8, 2014 at 2:35 PM.

Does the HTC One (M8) Harman Kardon edition really sound that much better than the original?

The HTC One (M8) is a great phone. In fact, we recently called it the best Android phone in the world. While the design is the most obvious plus for the M8, HTC’s new and improved front-facing BoomSound speakers mark another area where HTC’s flagship phone shames rival handsets. As good as BoomSound is on the M8, however, Sprint’s special Harman Kardon edition promises sound that is somehow even better. Does it deliver? Sprint sent us one a couple of weeks ago so we could find out for ourselves. More →

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Sprint Throttling

The beginning of the end: Sprint starts throttling some unlimited data users

By on May 8, 2014 at 11:14 AM.

The beginning of the end: Sprint starts throttling some unlimited data users

Remember when we told you to brace yourself because the death of unlimited wireless data in the United States is imminent? Well, the beginning of the end is finally upon us: Sprint, one of unlimited mobile data’s last and biggest and last defenders, will soon begin to throttle some wireless subscribers with unlimited data plans.

More →

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Sprint T-Mobile Merger Spin

Sprint attempts to rewrite the T-Mobile merger as a boon for consumers

By on May 7, 2014 at 5:55 PM.

Sprint attempts to rewrite the T-Mobile merger as a boon for consumers

Sprint hasn’t had any luck moving forward with its proposed acquisition of T-Mobile so far, but CEO Dan Hesse is doing everything he can to spin the merger as a beneficial for the market as a whole. In an interview with Bloomberg TV, Hesse claimed that a bigger No. 3 provider would force the top 2 to remain competitive, rather than continuing to compete in an unsustainable price war. More →

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Cell Phone Plans Comparison

The ultimate tool for comparing cell phones and service plans from every carrier

By on May 2, 2014 at 11:05 AM.

The ultimate tool for comparing cell phones and service plans from every carrier

With all the fantastic smartphones that have launched in recent months, finding a great phone is becoming easier than ever. Finding the right wireless provider and the right service plan, however, can be a much more daunting task. More →

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T-Mobile Vs. Sprint Subscribers

It won’t be long before T-Mobile overtakes Sprint as America’s No. 3 wireless carrier

By on May 1, 2014 at 8:45 PM.

It won’t be long before T-Mobile overtakes Sprint as America’s No. 3 wireless carrier

While Verizon and AT&T have traditionally been the two biggest players in the U.S., Sprint and T-Mobile have almost always been stuck behind in third and fourth place, respectively. However, T-Mobile’s big “Uncarrier” surge over the last year is threatening to shake up the traditional order and make it, not Sprint, America’s No. 3 wireless carrier. More →

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Sprint Galaxy S3 Android 4.4 KitKat Update

Here’s one reason to fall back in love with the Galaxy S3

By on May 1, 2014 at 2:56 PM.

Here’s one reason to fall back in love with the Galaxy S3

The “old” Galaxy S3 may not be the hottest Samsung Android handset in town anymore, but there still are millions of these devices in use around the world. One of the phone’s main “flaws” is the fact that it’s still stuck in a Jelly Bean universe, six months after Google released the Android 4.4 KitKat update. Luckily, Sprint’s Galaxy S3 version is finally going to receive its KitKat build, making the phone a lot more exciting for users and bringing hope that other versions will follow the same path soon. More →

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Sprint Spotify Six Month Trial

Sprint just became the best carrier in the world for music fans

By on April 29, 2014 at 11:26 AM.

Sprint just became the best carrier in the world for music fans

Sprint has struggled to keep up recently as it’s faced major pressure from T-Mobile’s “Uncarrier” campaign and its own “Framily” campaign has been flat-out frightening at times. That said, Sprint may have finally come up with a way to lure some new subscribers on Tuesday as it announced that starting on May 9th, both new and existing customers who subscribe to its “Framily” plans will get a free six-month trial of music streaming service Spotify. More →

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Sprint Q1 2014 Earnings Report

Sprint’s Q1 loss narrows but nearly half a million subscribers flee

By on April 29, 2014 at 8:27 AM.

Sprint’s Q1 loss narrows but nearly half a million subscribers flee

Sprint on Tuesday announced its earnings results for the first quarter of the year, revealing that it lost nearly half a million net customers during the period. The carrier said it lost 231,000 net postpaid subscribers and 364,000 net prepaid customers during Q1 2014, with the Sprint platform serving nearly 54 million subscribers in total at the end of the quarter. The company sold 5 million smartphones during the period and moved 3 million customers onto new Sprint Framily plans. More →

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