A report from Asian publication, Nikkei, that claims that a deal is officially in place and just the final details need to be ironed out.
First introduced at CES as the Projector Hotspot, the ZTE-made LivePro is a crazy contraption that, Sprint hopes, is more than the sum of its parts. And boy, there are a lot of parts to talk about.
Now, Sprint is pushing a new service by VTel which allows for internet over Sprint’s broadband spectrum to those in Vermont who do not have better options. VTel has twelve towers working and plans to put up another 157 through strictly private funds by the end of 2015.
Sprint is announcing the LG G3 will be available starting July 18th, in black and gold colors. Is it really the phone (or carrier) for you, though?
T-Mobile’s CEO John Legere decided to respond to the recent FTC complaint by blaming just about everyone else including the FTC, other carriers and the third party providers. Unfortunately for T-Mobile, their history with cramming suggests that they need to look into the mirror and fix this almost decade-old problem.
Sprint has announced its newest exclusive, the Galaxy S5 Sport, essentially a re-branded version of AT&T’s Galaxy S5 Active.
Sprint has been talking to eight different banks that are willing to help finance the deal. The merger would put together the third and fourth largest mobile operators in the US.
According to some analysts, Sprint will be able to save up to $6.6 billion on a variety of costs if they are able to merge with T-Mobile. In order to achieve those savings, Sprint will also need to slash prices with deep discounts and most likely a decline in immediate revenue.
One of Son’s biggest project has been his insistence that a merger with T-Mobile would allow Sprint to enter the home broadband market through fixed-LTE broadband space. Yet, this week, Sprint CEO Dan Hesse stated that offering a fixed LTE service is nowhere on Sprint’s horizon.
Sprint & T-Mobile have agreed on the broad outlines of a merger valuing T-Mobile at around $32 billion, according to the Wall Street Journal. Under the deal, Sprint would pay around $40 a share for T-Mobile during the summer time. The deal would be roughly 50% cash and 50% stock. T-Mobile’s largest shareholder, Germany’s Deutsche Telekom AG, would retain a stake of 15% to 20% in the new company.