Sprint, T-Mobile US sitting in a tree, M-E-R-G-I-N-G

It's technically an acquisition, but the headline fit so perfectly we couldn't resist

Got Tips? 13 Reg comments

T-Mobile US will acquire rival Sprint for US$26.5 billion in stock, a transaction both mobile carriers hope will give them a lead in 5G.

The cell networks announced the agreement on April 29.

The two telcos hope together they can bulk up enough to do battle with Verizon and AT&T in the next generation wireless market.

T-Mobile US boss John Legere will be CEO of the combined business, and T-Mobile US COO Mike Sievert will be president and COO of the combined organization.

Bill Murray in the movie Groundhog Day. If you haven't seen it, it's about a man forced to endure reliving the same day over and over. Pic: Columbia Pictures

Sprint, T-Mobile US reignite mega-merger talks (again)


The two sides said that at Friday's close-of-trade prices the new business will be worth $146 billion. Legere said the new company will “create robust competition across wireless, video, and broadband”.

Talks between T-Mobile US and Softbank-owned Sprint had begun and stalled before, with the most recent prior proposal failing five months ago.

Sprint CEO Marcelo Claure, who will sit on the board of the new company said: “5G is coming, and what happens in the first few years of a new technology is crucial.”

Legere highlighted the two companies' spectrum assets as a key driver of the transaction – Sprint's 2.5 GHz spectrum and T-Mobile's 600 MHz holdings will make it easier for them to roll out 5G across America, creating “the highest capacity mobile network in US history”.

The deal almost certainly won't sail through, given the competitive implications that flow from reducing the number of major mobile carriers in America. So brace for regulatory rumblings a-plenty before the deal goes down. ®

Sponsored: Webcast: Simplify data protection on AWS


Keep Reading

map on a mobile phone cellphone

FCC sucks its teeth, clicks its tongue, says: Yeah, AT&T, Sprint, T-Mobile US, Verizon gleefully sold your location data. Guess we should fine them?

How much you make, Randy? Wanna cough up, I dunno, twice that or something?
T-Mobile store next to a Sprint store

Sprint-T-Mobile US merger: Bad for competition? Good for standing up to Verizon, AT&T? NYC court goes with the latter

Judge approves $26bn deal, individual states not quite so happy

Your mobile network broke the law by selling location data and may be fined millions... or maybe not, shrugs FCC

US watchdog struggles to do its job over illegal sale of folks' whereabouts
Someone shocked by 5G

You are faking it! No, you are! No, AT&T is... Verizon, T-Mobile US execs form 5G circular firing squad on Twitter

Finally, something actually exciting happening with this mobile broadband tech
Outside a Sprint store

Spri-Mobile? T-Print? Time to think of a nickname: The Sprint/T-Mobile US merger is go

Uncle Sam's legal eagles sign off on $26bn mega-mashup – multiple states still not happy with biz deal
An angry woman steaming from the ears

Congress to FCC: Where’s the damn report on mobile companies selling location data?

Energy and Commerce Committee Democrats not happy with Ajit Pai
Image of woman holding mask of her own face

Relying on AT&T, Verizon and T-Mob US to protect you from SIM swapping? You better get used to disappointment

Study shows top telcos are naff at fending off cellphone number hijackings
T-Mobile logo

FCC boss blesses T-Mobile US-Sprint merger amid sketchy promises, lashings of incoherency

Analysis American tech regulation reduced to: If the telcos want it, it must be a good thing

Biting the hand that feeds IT © 1998–2020