Official Tmobile-Sprint merger discussion thread

[derrph]

6 minutes ago, RedSpark said:

https://www.cnbc.com/2017/10/30/sprint-shares-drop-more-than-5-percent-on-report-that-softbank-is-calling-off-talks-with-t-mobile.html

https://asia.nikkei.com/Business/Deals/SoftBank-calling-off-talks-to-merge-Sprint-T-Mobile

So there's this now....

welp... lets see what happens tomorrow. 

This has really turned into a H.S. relationship. If this holds true, these two just need to part ways for good. Sprint just find a cable company or buy out US Cellular if Son is that bent on merging Sprint with something.  OR just buy out the other 20%, and run Sprint the way you envisioned it as it it was merged with whoever. 

[Paynefanbro]

Sprint shares drop more than 8% on report that Softbank is calling off talks with T-Mobile

[chamb]

6 minutes ago, RedSpark said:

https://www.cnbc.com/2017/10/30/sprint-shares-drop-more-than-5-percent-on-report-that-softbank-is-calling-off-talks-with-t-mobile.html

https://asia.nikkei.com/Business/Deals/SoftBank-calling-off-talks-to-merge-Sprint-T-Mobile

So there's this now....

Now hope that they remain friends and somehow share networks.  Figure out how to allow full no charge extended LTE roaming on each other.

Bring in US Cellular to the party.

Shake hands and build a killer network by co-operating against the bigger two.

T-mobile is well situated to build a rural 600 network.  Sprint is well situated to build a killer 2500 network in high density areas.

Agree to jointly engineer, build and share the best network nationwide.

 

[RedSpark]

13 minutes ago, derrph said:

welp... lets see what happens tomorrow. 

This has really turned into a H.S. relationship. If this holds true, these two just need to part ways for good. Sprint just find a cable company or buy out US Cellular if Son is that bent on merging Sprint with something.  OR just buy out the other 20%, and run Sprint the way you envisioned it as it it was merged with whoever. 

SoftBank is in a real bind here:

It can't give Sprint more money: SoftBank's covenants with Japanese banks prevent sinking more cash into Sprint.

It has to stay below 85% ownership of Sprint: The New Sprint certificate of incorporation as in effect at the effective time of the SoftBank Merger will provide that, in the event that the combined voting interest of SoftBank and its controlled affiliates in New Sprint exceeds 85% of the outstanding voting securities of New Sprint, then SoftBank or a controlled affiliate will make an offer to acquire all the remaining shares of New Sprint common stock at a price not less than the volume-weighted average closing price of New Sprint common stock for the 20 consecutive trading days immediately preceding such offer.

Perhaps it also may not be able to buy all of Sprint because of U.S Government contract regulations that limit or prevent dealings with wholly owned foreign corporations.

 

[JThorson]

27 minutes ago, Paynefanbro said:

Sprint shares drop more than 8% on report that Softbank is calling off talks with T-Mobile

I was afraid of that happening. Will be interesting to see what the next few days holds for Sprint and especially their stock.

[Johnner1999]

... thing is — Ive has the feeling SoftBank wants out for the last 12 months.


But


if the sticking point is ownership... maybe not. I assumed SoftBank just wanted to hand the keys to DT.


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[marioc21]

I'll throw this into mix.  WSJ seems a little more definitive in saying deal is off. subhead says Sprint will invest instead.  Don't have a subscription anymore so I can't get behind the paywall and read the full story. 

https://www.wsj.com/articles/softbank-to-drop-effort-to-merge-sprint-with-t-mobile-1509386656?mod=e2tw

[RedSpark]

It's dead, Jim:

https://www.wsj.com/articles/softbank-to-drop-effort-to-merge-sprint-with-t-mobile-1509386656

[Nextel49]

16 minutes ago, RedSpark said:

It's dead, Jim:

https://www.wsj.com/articles/softbank-to-drop-effort-to-merge-sprint-with-t-mobile-1509386656

 

https://www.bloomberg.com/amp/news/articles/2017-10-30/softbank-to-halt-sprint-merger-talks-with-t-mobile-nikkei-says

 

[nexgencpu]

Let the fun begin...

SoftBank to Drop Effort to Merge Sprint With T-Mobile

Sprint said to be planning significant investment in its network

https://www.wsj.com/amp/articles/softbank-to-drop-effort-to-merge-sprint-with-t-mobile-1509386656

[derrph]

7 minutes ago, nexgencpu said:

Let the fun begin...

SoftBank to Drop Effort to Merge Sprint With T-Mobile

Sprint said to be planning significant investment in its network

https://www.wsj.com/amp/articles/softbank-to-drop-effort-to-merge-sprint-with-t-mobile-1509386656

Wow. I can't read the article due to subscribing. Where there any good tidbits about this "significant investment in the network?"

[Fraydog]

Sprint and Charter makes more sense, to be honest. 

Gives Sprint and SoftBank some landline assets and a very modest amount of content. Spectrum areas could be covered better with small cells. 

Trying to get T-Mobile through, while it would have been unreal as far as coverage and speed goes, was too much of a pain. 

[twospirits]

2 minutes ago, Fraydog said:

Sprint and Charter makes more sense, to be honest. 

I mentioned that a Sprint and Charter tie up would be better a few months ago. Change Sprint's name to Spectrum and be done with it.

[Fraydog]

Dish's stock is up on this... lol

[Steve Dean]

14 minutes ago, derrph said:

Wow. I can't read the article due to subscribing. Where there any good tidbits about this "significant investment in the network?"

No.  Only thing said is a significant investment in the network. 

[derrph]

5 minutes ago, Paynefanbro said:

Read the article here: https://outline.com/VY5PBg

Thanks!

[Fraydog]

Masa buys Charter, he has an actual cash cow that could generate profit to invest in wireless. Plus, if he then decided to sell Sprint to T-Mobile later, he'd have Charter to package in with it. 

[bigsnake49]

14 minutes ago, Fraydog said:

Dish's stock is up on this... lol

Makes sense! Dish's spectrum might be attractive to T-Mobile. Actually its 600Mhz spectrum might be attractive to Sprint or some other spectrum holding company associated with Softbank . 

Edited October 30, 2017 by bigsnake49

[Tengen31]

Makes sense! Dish's spectrum might be attractive to T-Mobile. Actually it's 600Mhz spectrum might be attractive to Sprint or some other spectrum holding company associated with Softbank [emoji3]. 

Let's hope it's dish instead. Even uscc

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[utiz4321]

1 hour ago, chamb said:

Now hope that they remain friends and somehow share networks.  Figure out how to allow full no charge extended LTE roaming on each other.

Bring in US Cellular to the party.

Shake hands and build a killer network by co-operating against the bigger two.

T-mobile is well situated to build a rural 600 network.  Sprint is well situated to build a killer 2500 network in high density areas.

Agree to jointly engineer, build and share the best network nationwide.

 

They are not going to share networks. Project fi hasn't been a stellar success and there isnt a good economic argument for it. Hopefully, t mobile can transform into a third player without sprint otherwise we are stuck with the duopoly. 

[Mr.Nuke]

1 minute ago, utiz4321 said:

Hopefully, t mobile can transform into a third player without sprint otherwise we are stuck with the duopoly. 

Sprint isn't going anywhere either....

[utiz4321]

It doesnt have to go away but it will eventually not be a factor in the wireless industry.  Unless sprint gets a massive injection of cash it won't be an important player in the wireless industry. Son already tried shopping for investment and no one bit. 

[Tengen31]

It doesnt have to go away but it will eventually not be a factor in the wireless industry.  Unless sprint gets a massive injection of cash it won't be an important player in the wireless industry. Son already tried shopping for investment and no one bit. 

Dish wanted Sprint back in 2013 but Sprint when for SoftBank

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[utiz4321]

4 minutes ago, Tengen31 said:

Dish wanted Sprint back in 2013 but Sprint when for SoftBank

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But no one wanted to invest in sprint in 2017 and that is the point. Son is the only one who thinks sprint is worth what he thinks it is worth. Maybe he is a genius so far beyond his time that he alone can see something everyone is missing but maybe not. 

[Mr.Nuke]

1 hour ago, RedSpark said:

SoftBank is in a real bind here:

It can't give Sprint more money: SoftBank's covenants with Japanese banks prevent sinking more cash into Sprint.

I think we are starting to see some creativity on this front too. I have a feeling especially given the timing of the announcement in relation to knowing merger talks were effectively stalled in hindsight for the tower company is interesting.