Sprint is Working Towards Bid for T-Mobile US

Sprint is Working Towards Bid for T-Mobile US

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Sprint is working toward a possible bid for rival carrier T-Mobile, according to the WSJ. If successful, the merger would leave three major carriers in the United States.

Sprint is studying regulatory concerns and could launch a bid in the first half of next year, the people said. A deal could be worth more than $20 billion, depending on the size of any stake in T-Mobile that Sprint tries to buy. A merger of the third- and fourth-largest U.S. carriers would create a sizable competitor to industry leaders Verizon Wireless and AT&T Inc. But it would likely face tough opposition from antitrust authorities, who worry consumers could suffer without a fourth national competitor to keep a check on prices.

Sprint has yet to decide whether it is going to go ahead with a bid, which could be risky due to concern from regulators. AT&T tried to purchase T-Mobile in 2011 for $39 billion; however, the Justice Department blocked the deal saying it would "substantially lessen competition" in the wireless market.

More details at the article linked below...

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Sprint is Working Towards Bid for T-Mobile US

Sprint is Working Towards Bid for T-Mobile US
DarknessZero - December 14, 2013 at 6:43am
Funny how sprint also complained about AT&T 's interest in tmobile when they were trying to merge now sprint considering merging with tmobile.... Hmm can't wait to see what AT&T has to say on this one.
David Daniels - December 14, 2013 at 6:25am
I love Sprint. They've gotten a lot better. I'm very happy with them. I hated AT&T and their shit plans and customer service and poor indoor service and Verizon was great just too expensive for me but real good. Had TMobile in the past and they were pretty good too. I'm very happy with Sprint.
phil me - December 14, 2013 at 6:01am
sprint sucks I hope they don't buy tmobile just hope this don't happen I thinks it should be the other way around lol t-mobile should buy sprint this old network they got CDMA BS there phones are very had to use on other network
BritBrat - December 14, 2013 at 1:08am
Hmmmm.....my family just switched from AT&T to Sprint. Very pleased so far! Been a T-Mobile subscriber back in the UK. This might be a start of greater things to come? Hope do! Only time will tell!
odedo1 - December 14, 2013 at 1:08am
If this thing will go through it will be really bad for the customers. moved overseas from LA California to a tiny country which had 3 Cell providers and they totally ripped us off, but about 5 years ago the government opened the market for competition and made new laws like no more constructs with cell providers and cable TV, So now we got 11 Cell Providers and the prices dropped to $10 a month with everything included and unlimited including overseas unlimited calls, big difference then when I got here and paid $100 for 1000 minutes and 1000 texts plus a little bit of internet which I don't remember how much because it was before the iPhone came out. But now I was not happy with one provider took me 3 hours to move to a different one keeping my phone number and because the provider I moved to new that I have many other options they gave me also free TV, Music, And Gps (which I don't use ) but the TV and the music Apps Are as they say awesome, on the music App you make play lists ( I still couldn't find a song that is not on their database ) and the sound is such clear HD it's amazing. I guess what I'm trying to say is that nothing is better for us the people then competition!
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