November 13, 2017

T-Mobile is better off without Sprint so are its employees and customers

In the end, the two companies couldn’t agree on a host of details to make their deal work. Here’s why that’s good news.The only losers in the collapse of the T-Mobile and Sprint merger are the players on Wall Street who wanted a quick buck and a few other billionaires, such as Sprint’s Chairman Masayoshi Son. This development is good news for 5,500 T-Mobile headquarters workers in Bellevue, plus thousands more nationwide. The Communications Workers of America estimated that a merger would have killed 20,000 jobs. It’s impossible to know where the combined headquarters would have landed — Bellevue or suburban Kansas City — but the Puget Sound […]
November 8, 2017

T-Mobile-Sprint merger would not have created value-D.Telekom CEO

FRANKFURT, Nov 7 (Reuters) – Deutsche Telekom ended talks on a merger between its T-Mobile US business and Sprint Corp because it would not have created value, CEO Tim Hoettges told staff after the deal collapsed at the weekend. Hoettges said he flew 50,000 km in seven days to try to save the deal, meeting Masayoshi Son, head of Sprint owner Softbank Corp, at his private home in Tokyo only for the two sides to decide against a deal. “In the end, it is always about creating value for shareholders. Our impression was that this did not work out,” Hoettges […]
November 2, 2017

Sprint’s parent awaits word on 11th-hour bid in T-Mobile merger talks

Sprint parent SoftBank is expecting T-Mobile’s owner, Deutsche Telekom, to make a final proposal this week that will include how many Sprint shares it’s willing to accept for each T-Mobile share, according to people familiar with the matter. SoftBank Group is waiting to hear back from Deutsche Telekom on an eleventh-hour bid to save a merger between Sprint and Bellevue-based T-Mobile US, as the chances for a deal dwindle fast, according to people familiar with the matter.The Japanese company is expecting Deutsche Telekom to make a final proposal this week that will include how many Sprint shares it’s willing to […]
October 30, 2017

Sprint’s unlimited data plan for a single line goes up $10

Sprint’s $50 unlimited data plan for a single line is no more. The carrier’s website now lists the plan at $60 per month. A Sprint spokesperson confirmed the change to CNET, which went into effect Friday. The $50 Unlimited Freedom plan, introduced earlier this year as part of a promotion, will remain in effect for existing customers who have already signed up. Those customers will keep the $50 rate until June 30, 2018. After that, the price will bump up to the $60 rate now being offered to newbies. Families may see some savings by signing on with the yellow carrier, however. Sprint now […]
October 30, 2017

Sprint reportedly calling off T-Mobile merger talks

Sprint and T-Mobile may not end up together after all — at least not in the immediate future. According to Nikkei, Sprint’s owner, Softbank, plans to call off merger negotiations with T-Mobile because the two companies can’t agree on what ownership of the combined business would look like. The two companies have been in talks for months, and Softbank had hoped to combine the two companies as early as 2013. Since T-Mobile has over 10 million more US phone subscribers than Sprint, it had been widely assumed that the combined company would primarily be owned by Deutsche Telekom, T-Mobile’s parent company. It sounded […]
October 23, 2017

Apple and AT&T activate LTE Band 8 to give iPhone users in Puerto Rico cellular service by Loon Balloon

Apple has been working with AT&T to extend and activate cell service for users in Puerto Rico. To improve what is a terrible connectivity situation there, it’s going to enable a provisional band of LTE that has been recently approved, but not activated in the US and Puerto Rico, where it has not been licensed. This will allow iPhones to connect to Alphabet X’s Project Loon balloons in the region, which were activated today. This should allow users to send text messages and access some critical online services. Because LTE is not licensed on Band 8, many phones have not […]