Softbank has been eyeing the U.S. market for some time now, reports Reuters, and sources say the telecoms company is in talks with three banks in Japan to finance its acquisition bid. Sources close to the matter say Softbank plans to borrow 1.8 trillion yen (US$ 23 billion) in order to fund its acquisition.
After showing a great interest for MetroPCS , Sprint reportedly will hold off making any counterbid offer until more details of the T-Mobile agreement surface. Seeing that the proxy filing made by T-Mobile would be out in a month or two, Sprint may want to use such information to its advantage before approaching MetroPCS.
Despite being seen as part of the US carriers “Big Four” by everyone, T-Mobile hasn’t exactly had the most prodigious and quiet year. First, there’s been talk about a merger with AT&T, which should have resulted in one wireless service giant almost impossible to compete against.
T-Mobile is not the only party interested in getting into a merger with super-regional carrier MetroPCS. Another major player, Sprint, is eyeing to make a bid for the smaller telco.
After a very short time talking, Deutsche Telekom and MetroPCS have made a deal. Deutsche Telekom will pay MetroPCS $1.5 billion dollars and the 6th biggest cell carrier will merge with T-Mobile. For now, the companies plan to remain separate entities and manage their different user bases under their current names. The deal is expected to be finalized in early 2013.
Reports have it that Deutsche Telekom is planning to acquire super-regional carrier MetroPCS. While Deutsche Telekom’s planned sell-off of its T-Mobile subsidiary to AT&T last year did not push through, will the company succeed in merging T-Mobile with MetroPCS?
There’s talk around the rumor mill that T-Mobile, Sprint, and the Dish Network may be looking to buy out MetroPCS. Given their size, MetroPCS would be an excellent augmentation to any current network or a great base to build a new network. Which company will buy MetroPCS?
There are several decent smartphones being sold by the number six carrier in the States, as well as very many budget-friendly handhelds, but they all lack the pizazz of a flagship or “hero” device. No worries, because Samsung will come to the rescue soon, making the Galaxy S3 even more available to the masses.
The ZTE Anthem 4G has been announced and it is headed for MetroPCS. It will be the smart phone maker’s first LTE-enabled device and despite some mid-range specification, it could be a big hit with the smaller carrier.
MetroPCS is not exactly known for offering a very wide range of smartphones, but we’ve heard a couple of rumors for the past month or so that the number six US carrier was looking to really strengthen its gadget line-up. The mid-range Galaxy S Lightray 4G and LG Motion 4G have already been released, and now the entry-level Coolpad Quattro 4G has itself been put up for sale.