T-Mobile might be bought by a French company instead of Sprint

[evident]

IMO it's definitely lesser of 2 evils since it will still keep 4 major carriers here in the US. I switched to Tmobile back in February and I love it, and I cringe to think that they were going to merge with Sprint and then jack their prices up again.

Thoughts?

http://money.cnn.com/2014/07/31/investing/tmobile-takeover/index.html?hpt=hp_t2

 

[bearxor]

Two things. It's almost a guaranteed certainty that if the SoftBank purchase of TMobile US goes through, that the current TMUS leadership will take over the combined company.

Secondly, it's a French company? All Masayoshi Son will have to do is threaten them a little bit and they'd probably back off.

 

[Oyeve]

Neither will happen.

 

[Unoid]

Neither will happen.

I bet counselor troy will have a stroke first.

 

[jidery]

This is good.

 

[s44]

And... the offer has already been rejected. Looks like the fix is in for T-Sprobile.

 

[Bateluer]

And... the offer has already been rejected. Looks like the fix is in for T-Sprobile.

Not surprising it was rejected. They were offering half what Softbank was offering.

With the growth that TMO has shown, I don't think Softbank stands much chance of getting regulatory approval either. But, our politicians receive generous compensation from corporations.

 

[master_shake_]

if the french company had bought them they would have surrendered it to sprint anyway

 

[JohnDeb]

I can't believe it, let's wait and see what happens.

 

[lupi]

If softbank tells the government that the Tmo leadership group will be in control of the combined entity, wouldn't be surprised if it get approval. Even with the success tmobile has had, as far as dictating the market it is still verizon and at&t with everything else in the "and others" category.