Mr.Nuke Posted August 5, 2014 Share Posted August 5, 2014 This bid isn't serious unless it can get to $40 a share. Otherwise DT can make more money with SoftBank and they can also make money on a higher termination fee if SoftBank goes on the wild goose chase to get this approved, which it likely won't. I don't think they need to match $40 necessarily. They do need to bid competitively. Hypothetically if they bid $39 on the entire 66.7% DT stake (remember their initial offer only covered 10% less than this) they'd be withing about $800 million of Softbank's bid. There is value in ease of regulatory approval. There is also fairly significant risk to DT if a merger fails. Two of the three largest wireless carriers have tried to buy you and failed. Verizon won't be able to even if they wanted. Dish? Maybe. Now with an absence of a competitive bidding process, Iliad loses quite a bit of incentive to alter their bid. That said, 1) I don't think Iliad can come up with the financing for such a bid and 2) If Masa is really interested he can go higher. Link to comment Share on other sites More sharing options...
Conan Kudo Posted August 5, 2014 Share Posted August 5, 2014 I still have a question that maybe Neil can answer. How many of T-Mobile's sites would actually improve Sprint's coverage. *sighs* Mou... As far as T-Mobile sites that improve Sprint coverage, there's a significant amount of them that would. The majority of Sprint sites are co-located with T-Mobile or too close to T-Mobile sites to be of any use, but there are a significant number of T-Mobile sites (~20K or so) that exist in areas that Sprint has much thinner to no coverage. These extra sites are the reason why T-Mobile's network is technically "bigger" than Sprint's, in terms of overall coverage (285-290 million people covered under T-Mobile's network vs 260 million people covered under Sprint's network). Link to comment Share on other sites More sharing options...
Paynefanbro Posted August 5, 2014 Share Posted August 5, 2014 These extra sites are the reason why T-Mobile's network is technically "bigger" than Sprint's, in terms of overall coverage (285-290 million people covered under T-Mobile's network vs 260 million people covered under Sprint's network). Sprint covers 282 Million with EVDO coverage as of December 31st of last year according to broadbandmap.gov T-Mobile covers 245 Million with HSPA coverage as of December 31st. I know that T-Mobile's network is larger by pure square milage but in terms of 3G coverage or what's classified as broadband by the FCC, Sprint covers more people (in broadband). Link to comment Share on other sites More sharing options...
Dkoellerwx Posted August 5, 2014 Share Posted August 5, 2014 I still have a question that maybe Neil can answer. How many of T-Mobile's sites would actually improve Sprint's coverage. Neal. Link to comment Share on other sites More sharing options...
Conan Kudo Posted August 5, 2014 Share Posted August 5, 2014 Sprint covers 282 Million with EVDO coverage as of December 31st of last year according to broadbandmap.gov T-Mobile covers 245 Million with HSPA coverage as of December 31st. I know that T-Mobile's network is larger by pure square milage but in terms of 3G coverage or what's classified as broadband by the FCC, Sprint covers more people (in broadband). I specifically did not mention technologies. He asked about coverage, with no technological qualifiers. In terms of raw coverage, T-Mobile's native network is larger. There are some areas Sprint covers that T-Mobile does not, but T-Mobile has much more geography and population covered than Sprint, overall. 1 Link to comment Share on other sites More sharing options...
Fraydog Posted August 5, 2014 Share Posted August 5, 2014 http://m.us.wsj.com/home-page?mg=reno64-wsj Link to comment Share on other sites More sharing options...
mhammett Posted August 5, 2014 Share Posted August 5, 2014 Wait, someone is honestly saying that's T Mobile has a larger network then someone else? I laugh at that idea. 1 Link to comment Share on other sites More sharing options...
Paynefanbro Posted August 5, 2014 Share Posted August 5, 2014 I specifically did not mention technologies. He asked about coverage, with no technological qualifiers. In terms of raw coverage, T-Mobile's native network is larger. There are some areas Sprint covers that T-Mobile does not, but T-Mobile has much more geography and population covered than Sprint, overall. And my comment was in reference to the 260 Million figure that you mentioned. I wasn't disagreeing with any of what you said besides that. 1 Link to comment Share on other sites More sharing options...
Fraydog Posted August 5, 2014 Share Posted August 5, 2014 WSJ is reporting that Sprint/T-Mobile is dead. 6 Link to comment Share on other sites More sharing options...
S4GRU Posted August 5, 2014 Share Posted August 5, 2014 Looks like the end of the road: http://online.wsj.com/articles/sprint-abandoning-pursuit-of-t-mobile-1407279448 Masa, now it's time to take Sprint to the next level on your own! Robert Thanks Neal for the heads up! 22 Link to comment Share on other sites More sharing options...
jwang Posted August 5, 2014 Share Posted August 5, 2014 Through the earning press release, Hesse indicated Sprint is working to re-price framily. It will be a part of the strategy to prevent other buyer to get T-MOBILE. I think Softbank will turn Sprint to aggressively compete for new subscribers from this summer with new pricing. 1, it will bring Sprint to net sub addition in order to bring down fixed cost on each user 2, if other buyers consider to buy TMOBILE, they need think about how to compete the Sprint which is turned to the same "mad-dog" mode in pricing and backed by much more money from Softbank. Dish won't load itself tons of debt if Charlie didn't see the hope to make profit in next 2 years. 3, Lock Tmobile in the current status, and no one will go to Tmobile easily for spectrum hosting deal. Well it will bring Dish spectrum to Sprint. It will give FCC more excuse not to approve if FCC won't be bought by bribes like they approved those VERIZON / ATT merger deals in last 10 years. However, it won't be worse than current status quo. Sprint can succeed alone. Softbank didn't spend more than 20Billion to buy sprint in order to buy Tmobile to survive. They know they have more options than the merge and all those options can lead to success. The operation and management on the resource on their hands are far more critical than if they can get TMOBILE. Link to comment Share on other sites More sharing options...
JimBob Posted August 5, 2014 Share Posted August 5, 2014 Iliad working with Dish, Cox, Charter and others to improve T-Mobile bid: http://www.fiercewireless.com/story/rumor-mill-iliad-working-dish-cox-charter-and-others-improve-t-mobile-bid/2014-08-05 Sprint abandoning pursuit of T-Mobile: http://online.wsj.com/articles/sprint-abandoning-pursuit-of-t-mobile-1407279448 Link to comment Share on other sites More sharing options...
Nickel Posted August 5, 2014 Share Posted August 5, 2014 WSJ is reporting that Sprint/T-Mobile is dead. 11 Link to comment Share on other sites More sharing options...
twospirits Posted August 5, 2014 Share Posted August 5, 2014 Man I would have loved to be a fly on the wall in that meeting that led to that decision. Commence speculation posts in 3..2..1... 1 Link to comment Share on other sites More sharing options...
JimBob Posted August 5, 2014 Share Posted August 5, 2014 Man I would have loved to be a fly on the wall in that meeting that led to that decision. Commence speculation posts in 3..2..1... New rumour: I will buy T-Mobile. 8 Link to comment Share on other sites More sharing options...
chamb Posted August 5, 2014 Share Posted August 5, 2014 Looks like the end of the road: http://online.wsj.com/articles/sprint-abandoning-pursuit-of-t-mobile-1407279448 Masa, now it's time to take Sprint to the next level on your own! Robert Thanks Neal for the heads up! The WSJ says they have a "Source" that claims the Sprint-Tmobile deal is not going to happen because of the steep regulator hurdles. I woudl like to see Sprint take the money and bid for adequate 600 spectrum. AND, I would bet that Charlie& Dish are coming on board now. 2 Link to comment Share on other sites More sharing options...
jwang Posted August 5, 2014 Share Posted August 5, 2014 WSJ is reporting that Sprint/T-Mobile is dead. It's good news. Sprint should focus on the resources they have on hand to win the game. They have the resources in place. 1 Link to comment Share on other sites More sharing options...
Fraydog Posted August 5, 2014 Share Posted August 5, 2014 Hesse is out per Bloomberg. http://twitter.com/emilychangtv/status/496793616749441024 Link to comment Share on other sites More sharing options...
EmeraldReporter Posted August 5, 2014 Share Posted August 5, 2014 (edited) It is also being said that: "New CEO to reportedly be named." http://seekingalpha.com/currents/post/1903995?source=iphoneportfolioapp_copy Edited August 5, 2014 by EmeraldReporter Link to comment Share on other sites More sharing options...
Mr.Nuke Posted August 5, 2014 Share Posted August 5, 2014 It is also being said that: "New CEO to reportedly be named." http://seekingalpha.com/currents/post/1903995?source=iphoneportfolioapp_copy That is not what your link says. 1 Link to comment Share on other sites More sharing options...
Fraydog Posted August 5, 2014 Share Posted August 5, 2014 http://twitter.com/emilychangtv/status/496793616749441024 Here's an additional source. Link to comment Share on other sites More sharing options...
chamb Posted August 5, 2014 Share Posted August 5, 2014 It is also being said that: "New CEO to reportedly be named." http://seekingalpha.com/currents/post/1903995?source=iphoneportfolioapp_copy OK, Speculation time. WHO is the new CEO??? This could be even bigger than we know or assume. Something happened that we do not know about. Link to comment Share on other sites More sharing options...
EmeraldReporter Posted August 5, 2014 Share Posted August 5, 2014 (edited) I LIKE Dan Hesse! He's done a great job. WTH was he supposed to do with a non-functional network? It was HIS administration that put an end to iDEN, and built a plan to get Sprint out of the gutter via Network Vision. It was the Hesse Administration that had stabilised Sprint. Has anyone noticed that Sprint has not spend any SoftBank money yet? We would still be at a good pace without SoftBank. Edited August 5, 2014 by EmeraldReporter 5 Link to comment Share on other sites More sharing options...
sbolen Posted August 5, 2014 Share Posted August 5, 2014 Hesse is out per Bloomberg. http://twitter.com/emilychangtv/status/496793616749441024 Masa must want to rip the band aid off quickly. He/SoftBank know something we don't. 1 Link to comment Share on other sites More sharing options...
Fraydog Posted August 5, 2014 Share Posted August 5, 2014 Oh God what if it's Angry Johnny? Link to comment Share on other sites More sharing options...
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