Sprint preparing to bid for T-Mobile: Report

[trouble210]

Sprint preparing to bid for T-Mobile: Report

Sprint is mulling a possible bid for rival wireless provider T-Mobile, a move that could leave the U.S. wireless market dominated by three mega-companies, The Wall Street Journal reported Friday.

Sprint could launch a bid as early as the first half of next year, the report said citing people familiar with the matter.

The company is reportedly studying regulatory concerns before moving forward. Placing a bid despite regulators' concerns would be risky, and a bad reaction could put an end to the effort.

A deal between the third- and fourth-largest U.S. carriers could be worth more than $20 billion.

Sprint shares rose 10 percent in after-hours trading, while T-Mobile shares dipped 1.2 percent.

Sprint declined to comment to CNBC.

 

[Laura Knotek]

I think it's a bad idea. Sprint already lost a lot of money, resources and customers in its Nextel acquisition. What benefit is there for Sprint to acquire another carrier with incompatible network technology?

 

[fatclue_98]

I think it's a bad idea. Sprint already lost a lot of money, resources and customers in its Nextel acquisition. What benefit is there for Sprint to acquire another carrier with incompatible network technology?

Spectrum & subscribers. CDMA is dying a slow death, IMO.

 

[Jas00555]

NO NO NO NO NO NO NO

Mama Mia mama Mia

 

[HeyCori]

6 Reasons Sprint Shouldn't Buy T-Mobile | News & Opinion | PCMag.com

 

[metalchick719]

*rolls eyes*

I have nothing against Sprint, but they need to just mind their own business and let T-Mobile be. T-Mo has been doing a lot better since going with the whole UNcarrier thing and doing away with contracts.

 

[theefman]

Att weren't allowed to buy Tmo for competitive reasons, can't see sprint being given the go ahead either. You can be sure though that att will oppose any such deal if it ever does get put on the table.

 

[Reflexx]

Att weren't allowed to buy Tmo for competitive reasons, can't see sprint being given the go ahead either. You can be sure though that att will oppose any such deal if it ever does get put on the table.

Sprint is a lot smaller than AT&T. Even if they acquire T-Mobile they'll still be smaller. So it's doubtful that ilauch a merger would be stopped because of "competitive reasons."

 

[theefman]

One other reason given was that att buying tmo would reduce consumer choice and that would also apply here, 3 carriers instead of 4. Not going to fly.

 

[badMojo69]

LOL Sprint has no money to bid for anything. How can companies do this, but normal people can't?

 

[Microsoftjunkie]

What do you mean "Sprint has no money"? Sprint was bought out last year. A Chinese company owns them, and they have plenty money.

 

[fatclue_98]

What do you mean "Sprint has no money"? Sprint was bought out last year. A Chinese company owns them, and they have plenty money.

Japanese.

 

[etad putta]

The party is almost over tmobile fans....Softbank Reportedly Wrapping up Talks to Buy T-Mobile | TechnoBuffalo

 

[Asrialys]

Aren't Sprint and T-Mobile two of the worst supporters of Windows Phone... :/

 

[fatclue_98]

Aren't Sprint and T-Mobile two of the worst supporters of Windows Phone... :/

I don't know about Sprint but T-Mo has single-handedly blown WP8 sales figures out of the park with the inexpensive Lumia 521. I'd say MS owes TMO one.

 

[Flagz]

One other reason given was that att buying tmo would reduce consumer choice and that would also apply here, 3 carriers instead of 4. Not going to fly.

The difference here is the two lower tier mobile providers would combine, giving people less choice buy better choices. AT&T buying Tmobile would have put them in a position to monopolize the market, raise prices and put sprint out of business. Softbank (sprint) buying Tmobile would put them inline between VZW, and AT&T, and if they price right, this can be a strong 3 runner race, but noone will be in a position to monopolize.

 

[sahib lopez]

well I might have a different op but I kinda see it as a good thing because well for one better coverage and also I know sprint has more spectrum than the other 3 carriers. sure its higher frequncey but still has more spectrum . but also how do we know that they will shut down tmobile and merge it with sprint? they could do the other way around shut down sprint and keep T-Mobile

 

[Flagz]

well I might have a different op but I kinda see it as a good thing because well for one better coverage and also I know sprint has more spectrum than the other 3 carriers. sure its higher frequncey but still has more spectrum . but also how do we know that they will shut down tmobile and merge it with sprint? they could do the other way around shut down sprint and keep T-Mobile

If Softbank/Sprint is the buyer they will either merge into Sprint, or rename for a New Gen carrier. This will be interesting if it happens, I hope it does because I wanna see how they merge the two incompatible spectrums. I'm really interested.

 

[sahib lopez]

If Softbank/Sprint is the buyer they will either merge into Sprint, or rename for a New Gen carrier. This will be interesting if it happens, I hope it does because I wanna see how they merge the two incompatible spectrums. I'm really interested.

im pretty sure they have the money I mean if soft bank had the money to buy sprint and consider buying T-Mobile well im pretty sure they have the money to make it work ...if not well im still interested

 

[Flagz]

im pretty sure they have the money I mean if soft bank had the money to buy sprint and consider buying T-Mobile well im pretty sure they have the money to make it work ...if not well im still interested

Oh I know they have the money to MAKE it work, but paying for something that's difficult to work will hurt them, I'm looking for them to make a technological investment to see the outcome that will change the way us and future mobile carriers use the spectrum. Who knows, the guy from Softbank might have no interest in merging them and might just build upon both them to make money from 1/3 the carrier game in the US.