Merger talks between T-Mobile and Sprint reportedly resume

t mobile sprint resume merger talks
Northfoto / Shutterstock
The on-again, off-again merger talks between T-Mobile and Sprint are reportedly on again, according to Bloomberg. Discussions between the U.S. carriers and their primary shareholders, Deutsche Telekom, which owns T-Mobile, and SoftBank, which owns Sprint, were put on hold for nearly a year until the Federal Communications Commission finalized its spectrum auction.

That auction finished on April 27, and executives from both SoftBank and Sprint confirmed to Bloomberg this week that they are now in contact with Deutsche Telekom and T-Mobile over a potential agreement. Back in 2014, Sprint had been angling to acquire T-Mobile, but ultimately abandoned the deal due to anti-trust regulatory pressure. AT&T’s attempt to buy T-Mobile back in 2011 failed for similar reasons.

Now, it would appear that if a transaction were to go through, the tables have turned; it seems more likely that SoftBank would be looking to give Sprint up to Deustche Telekom. Back in November, Tim Hoettge, a chief executive from T-Mobile’s parent company, stated there was no interest internally about selling the “Un-carrier,” which now ranks third in subscribers behind Verizon and AT&T.

T-Mobile’s relative success over the past two years makes the proposition of a merger between the two last-place carriers a bit more interesting this time around. When discussions began in 2014, Sprint was in third, and T-Mobile was valued at $20 billion less than it is today. According to data from February, T-Mobile now claims roughly 10 million more customers than Sprint.

The other difference that could help move things along is the Trump administration’s more favorable attitude toward consolidation. SoftBank CEO Masayoshi Son has spoken openly about the difficulty of achieving similar deals under former President Barack Obama’s tenure. Son also received praise back in December from then-President Elect Donald Trump for pledging to bring 50,000 Sprint jobs to America.

T-Mobile and Sprint each saw their stock prices rise about 3 percent earlier in the week, in anticipation of resuming negotiations. But if SoftBank is unable to work out a deal with Deutsche Telekom, it might look to major players in the cable industry as Sprint’s savior. Back in April, media juggernaut Comcast and Charter Communications expressed interest in partnering with a wireless carrier to enter the market.

Still, Son has said a transaction with T-Mobile in some capacity remains his first choice.


Intel answers Qualcomm's new PC processors by pairing Core and Atom in 'Foveros'

Intel has announced a new packaging technology called 'Foveros' that makes it easier for the company to place multiple chips together on one package. That includes chips based on different Intel architectures, like Core and Atom.
Smart Home

Deck the halls -- and the rest of your house -- with the best holiday lights

The best holiday lights today are smart, long-lasting, easily programmed, and available in many different colors and modes. We've collected some of the best Christmas lights at a variety of price points for you to check out!

Go hands-free in Windows 10 with speech-to-text support

Looking for the dictation, speech-to-text, and voice control options in Windows 10? Here's how to set up Speech Recognition in Windows 10 and use it to go hands-free in a variety of different tasks and applications within Windows.

Sprint’s 5G rollout: Everything you need to know

Sprint is building its next-gen 5G network in preparation for a 2019 rollout, but it's taking a decidedly different approach than some of its competitors, including Verizon and AT&T. Here's everything you need to know.

Microsoft patent filing shows wearable that mitigates involuntary movements

A patent application from Microsoft has shown the company is looking into using wearable technology to alleviate symptoms from various diseases and disorders that cause involuntary movements.

AT&T makes 5G a reality for a dozen U.S. cities, with more to come in 2019

Ready to experience a radical transformation in mobile communication? AT&T is launching mobile 5G in cities across the country over the next few months. Here's everything you need to know about the AT&T 5G rollout.

Which smartphone manufacturers won and lost in 2018

As the curtain comes down on 2018, we take a look at the big successes and failures in the smartphone market over the last 12 months. Which phone maker had the best year, and who had a year to forget?

5G’s arrival is transforming tech. Here’s everything you need to know to keep up

It has been years in the making, but 5G is finally becoming a reality. While 5G coverage is still extremely limited, expect to see it expand in 2019. Not sure what 5G even is? Here's everything you need to know.
Product Review

With sapphire glass and analog dials, you'd never know this watch is smart

The world of hybrid smartwatches is getting much larger, and the latest comes from a name with history — New York Standard Watches. In our NYSW GTS Activity Tracker review, we find out what makes this watch special, and why we were so…

Scientists have charged a phone and a Fitbit with solar-powered clothes

Scientists from Britain's Nottingham Trent University have discovered a way to incorporate solar panels into clothing, and they've even managed to charge a phone and Fitbit with the energy created.

The Lenovo Z5 Pro GT packs the most RAM ever seen in a smartphone

The next generation of smartphones has begun, and it's begun with a bang. The Lenovo Z5 Pro GT comes with the next generation Snapdragon 855 processor, 12GB of RAM, and 512GB of storage.

The best iPhone XS Max screen protectors to safeguard that huge display

If you love big screens, then the iPhone XS Max's huge 6.5-inch display is perfect for you. But it won't fare well against concrete. Protect your display with the best iPhone XS Max screen protectors.

Fitbit supercharges its smartwatches with its new 3.0 operating system

Fitbit announced a new software update for the Versa and Ionic, called Fitbit OS 3.0. The new OS will allow for things like on-device daily views, as well as 10 new third-party apps on the watch.

Google’s Gboard communication app reaches 500 languages in only 2 years

In December 2016, Google launched Gboard with support for an already-impressive 100 languages. Since then, however, Google has added a hefty 400 languages to the software keyboard, bringing the total number to 500.