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Tag: tmobile
Apple E-Books Deal; Amazon Kindle Unlimited; Sprint, T-Mobile Spectrum Bid
2014-07-17 18:38:22| PC Magazine Cell Phones Product Guide
From Apple $450 million e-book settlement to Amazon's e-book subscription service, here's what you missed on Wednesday.
Sprint, T-Mobile in $10bn spectrum JV talks
2014-07-16 02:00:00| Total Telecom industry news
U.S. operators reportedly planning joint bid in FCC's 2015 TV frequencies auction.
Tags: spectrum
talks
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tmobile
Sprint parent reportedly has a basic deal for T-Mobile
2014-07-14 18:26:41| Telecom - Topix.net
Sprint parent SoftBank has reached a "basic agreement" to buy T-Mobile US, although the sides continue hammering out details, Nikkei Asian Review reports.
Tags: basic
deal
parent
sprint
SoftBank reaches deal on T-Mobile takeover - report
2014-07-14 09:21:00| Telecompaper Headlines
(Telecompaper) SoftBank has reached a basic agreement to acquire T-Mobile US from Deutsche Telekom, the Nikkei reported. The two sides are still ironing out the details, and the deal would need clearance from US regulators. The Japanese carrier plans to buy more than 50 percent of T-Mobile shares through Sprint from Deutsche Telekom, which owns a roughly 67 percent interest. SoftBank will pay cash and use stock swaps to cover the estimated purchase cost of more than USD 16 billion, the report said. Eight financial institutions will bankroll the deal with credit lines of about JPY 4 trillion. Deutsche Telekom is reportedly concerned that T-Mobile's competitiveness will suffer if capital investment is put off during the regulatory approval process or if the deal is not approved. It is asking SoftBank to compensate if this happens. The two sides apparently have not finalized several other conditions as well, the Nikkei said.
Tags: report
deal
reaches
takeover
Softbank to buy 50% of T-Mobile US
2014-07-14 02:00:00| Total Telecom industry news
Parties reportedly reach basic agreement; eight banks to provide up to $40 billion in financing.
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