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Back in December, we caught wind that Japan’s Softbank was looking to snag T-Mobile, and now that deal is closer to becoming reality, according to new reports. Deutsche Telekom AG currently owns a majority stake in T-Mobile, but it’s apparently willing to sell that majority to Softbank while keeping a...
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Sprint is forging ahead with plans to bid for a takeover of T-Mobile, according to a new report. Sources familiar with the situation told Bloomberg that Sprint has lined up financing with at least six banks including Goldman Sachs Group Inc., Citigroup Inc., JPMorgan Chase & Co. (JPM), Mizuho Financial Group Inc...
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While plenty are skeptical of the value to consumers if Sprint is allowed to acquire T-Mobile, effectively reducing the number of wireless carriers in the U.S. from four to three, Sprint’s chairman Masayoshi Son (who is also the president of SoftBank) promises that it will be a boon to all. Son told Charlie Rose...
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Two years ago, AT&T’s bid to acquire T-Mobile fell through (with AT&T’s consolation prize a roaming agreement with Deutsche Telekom), but another one of the four major U.S. mobile carriers is considering a T-Mobile purchase. This time it’s Sprint that has magenta on the brain, according to the Wall Street Journal’s...
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As far as Apple rumors go, usually it’s all about new products that the Cupertino company is trying to keep under wraps (but is also glad that people are rumor-mongering about), but this one pertains to yet another carrier that will soon carry the iPhone. According to Reuters, the Nikkei says that Japan’s NTT DoCoMo will start...
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