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Sources: SoftBank And Sprint Set To Decide On Possible T-Mobile Bid Soon
Thursday, February 6, 2014 - 2:17pm | 601In business, one way to eliminate competition is to buy it out. SoftBank founder, Masayoshi Son and Sprint (NYSE: S) CEO, Dan Hesse, are in the midst of making just such a decision with regards to T-Mobile US (NYSE: TMUS), according to Bloomberg. Of course, Son and Hesse would strongly argue...
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Is Dish About To Pounce On T-Mobile?
Thursday, December 19, 2013 - 12:21pm | 653First, there were rumors that Sprint (NYSE: S) was flirting with the notion of acquiring T-Mobile US (NYSE: TMUS). Despite a pretty good case for a possible merger made by The Wall Street Journal, there was and is a catch: Should such a merger be approved, the market would end up dominated by...
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Sprint Nextel Urges Block of AT&T Bid To Buy T-Mobile USA (S, T)
Tuesday, March 29, 2011 - 12:00pm | 176Sprint Nextel (NYSE: S) urged regulators to block AT&T's (NYSE: T) bid to buy Deutsche Telekom AG's T-Mobile USA. According to Reuters, Sprint Nextel said the merger would harm consumers. Sprint is the number three U.S. mobile carrier and has faced tough competition from AT&T and Verizon...
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How to Trade AT&T, Deutsche Telekom Deal (T, VZ, S, CHL, VOD, FTE, IST, IXP, IYZ)
Monday, March 21, 2011 - 7:40am | 402Telecom stocks from Asia to Europe climbed higher during Monday trading in reaction to the news that AT&T Inc. (NYSE: T) agreed to purchase Deutsche Telekom AG's T-Mobile USA business unit in a deal that was valued at $39 billion in cash and stock. The deal, which still faces regulatory...
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Sprint and T-Mobile USA In Joint Merger Discussions (S)
Tuesday, March 8, 2011 - 10:19am | 139Bloomberg is reporting this morning that Deutsche Telekom AG is in talks with Sprint Nextel Group (NYSE: S) to sell its T-Mobile USA unit in exchange for a major stake in the combined entity. According to people familiar with the matter, the talks have been happening for some time and it is...