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Articles Tagged:

merger

27

Google and Dish could be planning to form a mobile carrier, but Google denies report

The Sprint/T-Mobile merger still has potential to materialize and it seems like we're in a holding pattern at the moment, waiting to see if it will be able to carve portions of its spectrum holdings off to another buyer to maintain the presence of a "fourth" national carrier. Satellite TV provider Dish looks to be the most apparent buyer in the market, but has notoriously been negligent to spend any money building a cellular network, perhaps holding lost hopes of being able to sell its portfolio to other carriers. Now, faced with the crisis of opportunity, the New York Post reports that Dish has been in talks with a board member of Alphabet to finally strike up a new carrier.

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56

Sprint's 5G network is here, covering millions of people AT&T and Verizon can't

Sprint has launched its mobile 5G service in four cities — but unlike the short-range millimeter wave networks AT&T and Verizon have already turned on, this is the nation's first taste of 5G on mid-band spectrum in its coveted 2.5GHz band. All told, it covers more than 1,100 square miles and a population of nearly 3.6 million people.

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9

T-Mobile-Sprint merger deadline pushed to July 29 as Justice Department still in deliberation

While T-Mobile and Sprint have already worked out how the merger of their two companies will work, they're still waiting on approval from various government entities including the United States Justice Department and FCC. Now the companies are extending the deadline for their merger, as deliberations continue with federal officials.

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139

[Update: Pilot program first-hand account] T-Mobile wants to fix rural America's lack of ISP competition with 5G-backed wireless broadband

Today T-Mobile has announced plans to "un-carrier" the home broadband market, launching its own service that aims to provide speeds over 100Mbps to 90% of the US population. T-Mobile's wireless home ISP will eventually be powered by the company's upcoming 5G network, but in the meantime it's revealing a 4G pilot program to test the idea out.

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44

T-Mobile's John Legere promises no rate-hikes for at least three years if the Sprint merger is approved

The road to merging two large carriers isn't an easy one. For Sprint and T-Mobile to merge into "New T-Mobile," a lot of hearts need to be won over. In October 2018, company shareholders approved the merger and in December, "Team Telecom" and the Committee on Foreign Investments green-lighted it too. The next two hurdles to cross are clearances from the Department of Justice and FCC. Yesterday, T-Mobile CEO John Legere penned a letter to FCC Chairman Ajit Pai asking for approval. In this, he promised to keep rates "the same or less" than the current plans by T-Mobile and Sprint, for at least three years.

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57

[Update: Merger complete] Judge rules in favor of $85 billion AT&T-Time Warner merger

News of a proposed AT&T takeover of media giant Time Warner has been rumbling along for almost two years now. Donald Trump promised to contest the deal if he was voted into office, and sure enough, the Justice Department sued in an attempt to block the deal on antitrust grounds. The lawsuit has now been rejected by a District Court judge, allowing the deal to go ahead without any further conditions.

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152

T-Mobile and Sprint officially announce merger

After years of on and off discussions, it's finally happening: T-Mobile and Sprint are merging. The two companies have released official statements, confirming the merger will finally happen and how it will work. The merger will be an all-stock transaction, with Sprint valued at $59 billion and T-Mobile at $146 billion.

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105

[Update: More details] Report: T-Mobile and Sprint may agree to merger as soon as next week

Sprint and T-Mobile weave a complicated relationship. For years they've desired each other, drawn inexorably to that most corporate copulation: the merger. In a landscape run by AT&T and Verizon, the two star-crossed lovers have struggled separately to carve a little chunk of the world (including the US telecommunications market) for themselves. And, according to a report by Reuters, after a long and conflicted courtship, their paths and profits may soon be joined. 

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9

Flickr has been acquired by photo-sharing service SmugMug

Flickr announced yesterday that it's entered into an agreement to be acquired from Oath Inc. by photo-sharing and image hosting platform SmugMug. Flickr currently has no plans to change its service following the acquisition.

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88

T-Mobile and Sprint are reportedly starting merger talks yet again

We all know how annoying it can be when you've got two friends who are clearly into each other, but neither one of them has the guts to make a move. So, everyone around them has to put up with the awkwardness and tension. That's where T-Mobile and Sprint are right now. They've almost gotten together a few times, only to have things fall apart at the last minute. Now, the carriers are reportedly entering into merger talks again. Maybe they'll finally seal the deal this time.

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