No one seemed to stand in Verizon and AT&T’s way in the States, until recently, when two major deals were announced. T-Mobile and MetroPCS are to be united and share an over 40 million customer portfolio, while Japanese-based Softbank is extending a hand to falling Sprint, offering much needed financial support.
In a move that no one can really explain, Sprint bought out the shares of Eagle River Holdings recently to give them a controlling share of Clearwire. Best known as the guys who gave Sprint WiMax, Clearwire is now controlled by Sprint, who owns. 50.8% of the shares. Why has Sprint bought Clearwire? The answer isn’t known.
Yesterday we reported that the rumored acquisition of Sprint by Japanese telecoms company Softbank was official. Now Sprint is no longer as likely to buy out Clearwire, though Sprint already owns 48 percent of the company’s shares.
It has become sort of a tradition lately for the biggest four carriers in the US to take jabs at each other, via different ads and statements. All of them argue on who delivers... the fastest data speeds of them all. Given that Verizon, AT&T, T-Mobile, and Sprint are the largest carriers in the US by subscribers number, you would expect them to be on top of the game when i...