Jump to content

dkyeager

Honored Premier Sponsor
  • Posts

    9,457
  • Joined

  • Last visited

  • Days Won

    268

Everything posted by dkyeager

  1. starred. Now up to 6. Need a lot more people to star it since Google is numbers driven on what it chooses to fix.
  2. I had some SCP repeated crashes yesterday on a couple of LG G2s. I sent in a few error logs. I have a small herd of rooted phones that I use Network Signal Guru to limit to one LTE Band then use SCP to record what I find. I have been doing this for years without issues until this beta. Thanks
  3. It all depends on what the FCC spectrum screen is defined as for this merger. Now that AT&T and Verizon have 5G operating, that should actually help this merger. Iirc, the FCC has tended to treat all spectrum as equal. Whether 600Mhz is worth more than 39GHz on a technical basis really depends on what you want to do. Economically you could always look at auction sales (often quite old) or private transactions (very thin market) to come up with an economic value. The messiness in this process is likely why it is typically treated as equal. Spectrum divestitures are done on a county by county basis looking at the spectrum screen and must typically be done within a year. If I were T-Mobile, I would try to get that timeline pushed out to three years, as the divesting spectrum could be used as a 5G transition bridge.
  4. Actually $600 Million. In the event that (i) T-Mobile terminates this Agreement pursuant to Section 8.1(b)(i), (ii) at the time of such termination, all of the conditions set forth in Section 7.1 (other than the condition set forth in Section 7.1(g)) and all of the conditions set forth in Section 7.2 would be satisfied at the time of such termination if the Closing were held at the time of such termination, and (iii) Sprint has provided a written certification to T-Mobile that it stands ready, willing and able to consummate the Merger on the date required by Section 1.3 at the time of termination of this Agreement (a “Specified Termination”), then T-Mobile shall pay to Sprint, on the date of termination of this Agreement, an amount equal to $600,000,000 (the “Payment Amount”); provided, that notwithstanding the foregoing, T-Mobile shall have no obligation to pay the Payment Amount (in whole or in part) and may terminate this Agreement pursuant to Section 8.1(b)(i) without paying the Payment Amount if: (i) on the date of termination of this Agreement pursuant to the Specified Termination, Sprint does not have the following three credit ratings: (A) a corporate family rating (CFR) of at least “B2” from Moody’s Investors Services, Inc., (B) a long-term issuer credit rating of at least “B” from Standard & Poor’s Financial Services LLC, and (C) a long-term issuer credit rating of at least “B+” from Fitch, Inc., unless Sprint does not have any such credit rating due to a change in credit ratings or credit outlook generally affecting the industry in which Sprint operates; or (ii) Sprint or any of the SoftBank Parties has breached in any material respect any of its representations, warranties, covenants or agreements set forth in this Agreement and such breach has impacted any of the credit ratings described in clause (i) of this Section 8.2(b) or the ability of T-Mobile to obtain the credit ratings described in Section 7.1(g). Source: https://www.sec.gov/Archives/edgar/data/101830/000110465918028087/a18-12444_1ex2d1.htm Section 7.1. Conditions to Each Party’s Obligation to Effect the Merger Transactions. The respective obligations of each party to effect the Merger Transactions are subject to the satisfaction or waiver, in whole or in part (to the extent permitted by applicable Law), on or prior to the Closing Date of the following conditions: (a) Stockholder Approvals. Each of the Sprint Stockholder Approval and the T-Mobile Stockholder Approval shall have been obtained. (b) Required Regulatory Consents. (i) The waiting period (and any extension thereof) applicable to the Merger Transactions under the HSR Act shall have been terminated or shall have expired and (ii) all consents required to be obtained from the FCC in connection with the transactions contemplated by this Agreement shall have been granted by the FCC. (c) Other Governmental Consents. (i) All consents required to be obtained from any PUCs or similar state and foreign regulatory bodies in connection with the transactions contemplated by this Agreement shall have been obtained, (ii) all consents required to be obtained pursuant to any Antitrust Laws other than the HSR Act set forth on Section 7.1(c)(ii) of the T-Mobile Disclosure Letter in connection with the consummation of the transactions contemplated by this Agreement shall have been obtained, (iii) CFIUS shall have completed its review and, where applicable, investigation under Section 721 without unresolved national security concerns with respect to the transactions contemplated by this Agreement, and (iv) DSS shall have approved a plan to operate pursuant to a FOCI mitigation agreement those NISPOM covered activities of T-Mobile, Sprint and their respective subsidiaries that DSS determines are necessary to be operated pursuant to such an agreement, or shall have accepted a commitment from the parties to implement such FOCI mitigation agreement following the Closing. (d) No Injunctions or Restraints. No court or other Governmental Entity of competent jurisdiction shall have entered, enacted, promulgated, enforced or issued any Law (whether temporary, preliminary or permanent) preventing the consummation of the Merger (a “Restraint”). (e) Form S-4. The Form S-4 shall have become effective under the Securities Act prior to the mailing of the Consent Solicitation Statement by each of Sprint and T-Mobile to their respective stockholders, and no stop order or proceeding seeking a stop order shall be threatened by the SEC or shall have been initiated by the SEC. (f) NASDAQ Listing. The shares of T-Mobile Common Stock issuable to the stockholders of Sprint as contemplated by Article III shall have been approved for listing on NASDAQ, subject to official notice of issuance. (g) Ratings. On the Closing Date, T-Mobile USA, Inc., taking into account and after giving effect to the Merger and the other transactions contemplated by and relating to this Agreement, shall have at least two of the following three credit ratings: (i) a corporate family rating (CFR) of at least “Ba2” from Moody’s Investors Services, Inc., (ii) a long-term issuer 107 credit rating of at least “BB” from Standard & Poor’s Financial Services LLC, and (iii) a long-term issuer credit rating of at least “BB” from Fitch, Inc., provided, however, that the foregoing condition in this Section 7.1(g) shall be deemed satisfied if, on the Closing Date (or, earlier, upon the date of issuance by T-Mobile USA, Inc. of debt securities in an amount sufficient to replace in full the commitments under the bridge facilities in the Commitment Letter), T-Mobile USA, Inc., taking into account and after giving effect to the Merger and the other transactions contemplated by and relating to this Agreement, shall have at least two of the following three public credit ratings on not less than $45,000,000,000 of secured debt: (i) a secured tranche rating of at least “Baa3” from Moody’s Investors Services, Inc., (ii) a secured tranche rating of at least “BBB-” from Standard & Poor’s Financial Services LLC, and (iii) a secured tranche rating at least “BBB-” from Fitch, Inc.; provided, further, that no party may rely on the failure of the condition set forth in this Section 7.1(g) to be satisfied if such failure was principally caused by such party’s material breach of any material provision of this Agreement or such party’s failure to act in good faith. Section 7.2. Conditions to Obligations of T-Mobile, Merger Sub, Merger Company and the DT Parties. The obligations of T-Mobile, Merger Sub, Merger Company and the DT Parties to effect the Merger Transactions are further subject to the satisfaction or waiver, in whole or in part (to the extent permitted by applicable Law), of the following conditions: (a) Representations and Warranties. (i) The representations and warranties of Sprint contained in the first sentence of Section 4.1(a), Section 4.1(b)(i), Section 4.1(c)(iii), Section 4.1(m), Section 4.1(t), Section 4.1(v) and Section 4.1(w) (without giving effect to any limitation as to “materiality,” “Material Adverse Effect” or any provisions relating to preventing or materially delaying the consummation of any of the transactions contemplated hereby set forth therein) shall be true and correct in all material respects as of the Closing Date as though made on the Closing Date (except to the extent such representations and warranties expressly relate to a specific date or the date of this Agreement, in which case such representations and warranties shall be true and correct in all material respects as of such date), (ii) the representations and warranties of Sprint contained in Section 4.1(c)(i) and Section 4.1(c)(ii) shall be true and correct as of the Closing Date as though made on the Closing Date (except to the extent such representations and warranties expressly relate to a specific date, in which case such representations and warranties shall be true and correct as of such date), except for any de minimis inaccuracies, (iii) the representations and warranties of Sprint contained in Section 4.1(g)(iii) shall be true and correct as of the Closing Date as though made on the Closing Date, (iv) the representations and warranties of Sprint contained in this Agreement (other than those contained in the sections set forth in the preceding clauses (i), (ii) and (iii)) (without giving effect to any limitation as to “materiality,” “Material Adverse Effect” or any provisions relating to preventing or materially delaying the consummation of any of the transactions contemplated hereby set forth therein) shall be true and correct as of the Closing Date as though made on the Closing Date (except to the extent such representations and warranties expressly relate to a specific date or the date of this Agreement, in which case such representations and warranties shall be true and correct as of such date), except where the failure to be so true and correct, individually or in the aggregate, does not have and would not reasonably be expected to have a Material Adverse Effect on Sprint, and (v) the representations and warranties of the SoftBank Parties contained in Section 4.3 (without giving effect to any limitation as to “materiality,” “Material Adverse Effect” or any provisions relating to preventing or materially delaying the 108 consummation of any of the transactions contemplated hereby set forth therein) shall be true and correct in all material respects as of the Closing Date as though made on the Closing Date (except to the extent such representations and warranties expressly relate to a specific date or the date of this Agreement, in which case such representations and warranties shall be true and correct in all material respects as of such date); provided that the accuracy of the representations and warranties of the SoftBank US HoldCos shall only be a condition to the obligations of T-Mobile, Merger Sub, Merger Company and DT to effect the SoftBank US Mergers. (b) Performance of Obligations. Each of Sprint and the SoftBank Parties shall have performed in all material respects all obligations required to be performed by it under this Agreement at or prior to the Closing Date. (c) Officer’s Certificate. T-Mobile shall have received an officer’s certificate duly executed by the Chief Executive Officer or the Chief Financial Officer of Sprint to the effect that the conditions set forth in Section 7.2(a) and Section 7.2(b) have been satisfied. (d) Other Agreements. SoftBank shall have duly executed and delivered (i) the Stockholders’ Agreement and (ii) the Voting and Proxy Agreement. (e) Tax Opinion. Subject to the last sentence of Section 1.1, T-Mobile shall have received a written opinion of its Specified Counsel, in form and substance reasonably satisfactory to T-Mobile, dated as of the Closing Date, to the effect that, on the basis of facts, representations and assumptions set forth or referred to in such opinion, each of the SoftBank US Mergers will qualify as a “reorganization” within the meaning of Section 368(a) of the Code. In rendering such opinion, T-Mobile’s Specified Counsel shall be entitled to receive and rely upon representations and covenants contained in certificates of Starburst, Galaxy and T-Mobile substantially in the form of Exhibits A, B and C to the T-Mobile Disclosure Letter (the “Tax Certificates”).
  5. A year does not surprise me. Even more time needed since we are likely on Merger 3.0 from a government paperwork standpoint. Don't forget that there is middle ground: DOJ basically accepts, FCC requires a lot of spectrum divestiture. The would be the scenario of where T-Mobile could walk and owe Sprint $400 million.
  6. For Talladega and Shelby counties for Wilsonville there are three licenses to be concerned about that Sprint does not control:: 1) https://wireless2.fcc.gov/UlsApp/UlsSearch/licenseMarketSum.jsp?licKey=2592111 2) https://wireless2.fcc.gov/UlsApp/UlsSearch/licenseMap.jsp?licKey=2588129 3) https://wireless2.fcc.gov/UlsApp/UlsSearch/licenseMap.jsp?licKey=2593016 These occupy the key spectrum Sprint typically uses for Band 41 and extra for Magic Boxes.
  7. Which is the reason for roaming agreements with AT&T and T-Mobile
  8. I have not been able to come up with anything solid. Exchange seems to be the best option, especially in the 14 day trial period. Others have had luck with various items, but these may point to other issues (new SIM cards, different overall network setting done through hidden menu, and the ones above have helped for some (but no cure)). Strikes me as a hardware and software/network quality control issue. I would recommend insurance for this phone until the issues are resolved -- it will likely reduce the grief when exchanging.
  9. One Of the cable companies or Dish would be my bet. US Cellular does not want to merge and is not big enough to gobble Sprint. Marcello discussed Sprint being forced to become a regional carrier, so areas would be dropped. Softbank spun off its Japanese cellular business so this could be possible. But normally you don't want to combine a cash cow with a dog like Sprint. The rebrand part might work. Mergers can also general cash for improvements, unless an outsider drive the price too high (Dish bidding for Clearwire ate most of Sprint's CAPex. With more initial CAPex, then it would have been much more difficult for T-Mobile. Instead T-Mobile sucked the air out of the room. 5G is a new opportunity, but merging should have been completed early last year. Ideally Sprint would have put up all Massive MIMOs rather than 8T8Rs, at least in areas with large B41 holdings. But you are where you are. 5G is the opportunity so we will see how Sprint handles it. We have front row seats. Regulators are also watching IMO before they make a decision on the current merger.
  10. 1) advertise their 5G service coverage areas 2) find another merger partner 3) abandon service in unprofitable parts of the country by striking a longer term roaming deal with T-Mobile 4) change their name to match their related Japanese carrier and/or merger with them
  11. It turns out that not all of the QAM issues were tried. Much better luck so far today with: VoLTE disabled CA disabled 256QAM download disabled 64QAM upload disabled If this is successful, then we will enable VoLTE then on another day enable CA credit QAM issues to UPdownLoAD *** this ultimately failed exchange appears to be the best method at this time
  12. Their have been several more failures for the same person who is also testing QAMs turned off now and already had VoLTE and WiFi calling off. No other reports back one way or the other by others. T Personally, Samsung may have just been too desperate to get this phone out early. Parts may not have been tested well enough. Software issues also likely. The question is whether the issue continues. Know to affect at least some early orders.
  13. This possible solution just had a failure around the time a phone call was attempted. We previously had tried disabling VoLTE with no success. Still testing to see if it resolves data issues.
  14. Defective s10 phone? Looking for more testers. Simply disable CA through the dialer code. Very preliminary results are good. The theory is that the unlocked phones have not had the same degree of issues as the Sprint branded S10s. Besides bloatware, a difference is the Sprint branded have far more CA options than the unlocked. Please report back with your results. Note that there may be more than one issue.
  15. They could sell or buy shares over time, although it is likely restrictions are in place for a period of time.
  16. Being a conglomerate, perhaps Softbank is looking for and exit strategy or looking for ways to be able to invest more money. They are hamstrung the way it is currently structured.
  17. Part of the attraction of the deal for T-Mobile is all the Sprint tax losses. I am not sure Sprint could afford its share of a much larger network. Sprint was dancing with so many potential partners before. Perhaps they have one with less favorable terms. Hopefully it is someone who will spend the money needed to make them successful. Don't rule out Dish playing the spoiler again -- that is what chewed up most of Softbank's improvement money for Sprint.
  18. S4Gru has always been about education. Hopefully any non paying member posts their finds here. Who knows, they may even find themselves getting promoted. Sponsors and Premier members should post details in the highest ranking thread linked above. The Premier thread will also contain a map of confirmed sites once we get a few more.
  19. Of course, that is S4Gru Premier member info: https://s4gru.com/forums/topic/4825-columbus-market-mapspreadsheet-premier-edition/page/126/?tab=comments#comment-540873 S4Gru Sponsors get more clues: https://s4gru.com/forums/topic/4742-columbus-market-mapspreadsheet/page/198/?tab=comments#comment-540872
  20. Massive MIMO antennas found today in the Columbus market. Can broadcast many beams of B41 LTE 2500 and 5NR (5G).
  21. In areas like Columbus, where Sprint controls all of the B41 spectrum except for the gaps, with FCC permission, Sprint could have 9 198MHz carriers plus a 15MHz carrier with 0.8Mhz for buffer space. They should leave the 8T8Rs up plus the Massive MIMOs. The real issue is likely the cost of backhaul. Don't forget it will be 4G LTE plus 5NR.
  22. My bad. It should have read: I have heard from sources of mixed reliability that T-Mobile will be adding a lot 600Mhz sites in Cleveland over the coming weeks They currently have one site near the lake on the east side.
×
×
  • Create New...