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Articles Tagged:

merger

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Rumor: T-Mobile's German Parent Company May Want To Sell The Carrier To... Comcast

T-Mobile has been responsible for seriously shaking up the American cellular carrier for the last couple of years, disrupting nearly every area from contracts to phone subsidies to data sales models. So hearing that T-Mo's parent company Deutsche Telekom may be interested in selling it off is somewhat alarming. Hearing that they may be interested in selling to Comcast, quantifiably one of the most despised companies in the entire country, is like watching that head-crushing scene from Game of Thrones all over again.

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T-Mobile Reportedly Wants To Merge With Dish Network, With John Legere Serving As CEO Of Combined Company

Communication companies are hooking up around us as we speak. Mobile carrier AT&T is buying satellite provider DirecTV. Cable distributor Charter is acquiring rivals Time Warner Cable and Bright House Networks. Now T-Mobile is looking to merge with Dish Network, according to The Wall Street Journal.

T-Mobile-DishNetwork

The two sides apparently agree on how the combined company would look. T-Mobile CEO John Legere would serve as CEO, while Dish Chief Executive Charlie Ergen would be the chairman.

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Nokia Plans To Merge With Alcatel-Lucent For An All-Shares Deal Of 15.6 Billion Euros, While Hinting At A HERE Maps Sale

Shortly after confirming the rumors of its talks with Alcatel-Lucent yesterday, Nokia has announced today that it does indeed intend to buy the French firm. The deal would combine both European companies' assets under the Nokia Corporation name, with headquarters in Helsinki and a strong presence in France. No cash transactions would be involved, instead the acquisition is a public exchange offer whereby 0.55 Nokia shares are offered for every Alcatel-Lucent share. The valued total amounts to 15,6 Billion Euros.

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British Telecom Plans To Buy UK Mobile Carrier EE For £12.5 Billion

United Kingdom communications giant BT Group, also referred to by its primary subsidiary British Telecom or simply "BT," is buying its way back into the mobile carrier business. The company announced its intention to buy UK carrier EE for a combination of cash and stock worth 12.5 billion pounds. That would combine the country's largest mobile carrier at 24.5 million customers with its largest landline/ISP operator at 10 million customers, creating a force to be reckoned with in both wireless and wired connections.

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SoftBank Raises Bid For Sprint To Ward Off Dish Network: $21.6 Billion For 78% Stake In Wireless Carrier

Oh, what a tangled web gigantic mega-corps weave. Japanese telecom SoftBank wants to get its hands on an American wireless carrier, come Hell or high water, and they've just outbid Dish Network to do so. According to Reuters, Softbank has upped its bid from October of last year to $21.6 billion USD for 78% control of Sprint, topping its previous commitment of $20 billion for 70%. Dish Network is currently offering $25.5 billion in a mix of cash and stock for an outright sale, about 10% less on a share-by-share basis.

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GrubHub And Seamless Merge In Hopes Of Expanding Mobile Takeout To New Markets

GrubHub and Seamless are merging into a single company intent on bringing more customers to more restaurants, or more food to more customers, depending on your perspective. For those who have never heard of either company, they both allow mobile shoppers to avoid holding their phones to their ears to order takeout by using mobile apps on their phones instead. It's a popular concept, as evidenced by the roughly $875 million in gross food sales the two companies facilitated last year.

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MetroPCS Ties The Knot, Takes T-Mobile's Name As Shareholders Throw Rice On Merger Deal

Dearly beloved, we are gathered together in the sight of the FCC and these witnesses to join MetroPCS and T-Mobile in the bonds of holy mergrimony. If any shareholder can show just cause why they may not be joined together, let them speak now or forever shut the hell up.

Today, MetroPCS shareholders approved the merger between the company and T-Mobile USA. As a result of the deal, Deutsche Telekom will own a 74% stake in the new company, while the former MetroPCS shareholders will own 26%.

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AT&T Is Going Shopping For A European Carrier To Buy Or Merge With, Says WSJ

AT&T has a problem on its hands. It's big, but is it big enough? If you're a CEO of a major corporation the answer to that question is always "no." However, the carrier has difficulty expanding on the home front. An overwhelming majority of U.S. citizens have phones with one carrier or another, so there's very little wiggle room to grab new customers. And gaining in market share when you (and all  your competitors!) are dead set on locking people into two-year contracts is very difficult.

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T-Mobile's Acquisition Of MetroPCS Has Been Approved By Both Companies' Boards, Expected To Complete Mid-2013

Previously, we'd heard rumors and whispers that T-Mobile (by way of its parent company Deutsche Telekom) would be acquiring MetroPCS. Today, both companies' boards have approved the merger and, pending regulatory and MetroPCS shareholder approval, the deal should be completed by mid-2013. The two companies will have a combined subscriber base of about 42.5 million customers, which still leaves it in fourth place in the U.S. behind Sprint with 56 million and AT&T/Verizon who each have over 100 million users.

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[Update: Merger Confirmed] Reuters: T-Mobile Is In Talks To Acquire MetroPCS, Press Conference Tomorrow?

Update: Deutsche Telekom has confirmed that this merger will be happening (given regulatory approval), and that DT will run T-Mobile and MetroPCS as one company. The DT board will meet tomorrow to approve the transaction.

According to Reuters, "three sources familiar with the situation" are saying a deal between T-Mobile and MetroPCS is "close," and by close, they mean an announcement is probably happening tomorrow.

This is a bit odd, given that MetroPCS is a CDMA carrier, and that network is largely incompatible with T-Mobile's current spectrum holdings.

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