Report: Sprint drops pursuit of T-Mobile US citing regulatory issues

Report: Sprint drops pursuit of T-Mobile US citing regulatory issues
Just hours after it was reported that French carrier Iliad is looking to increase their bid for the U.S.' fourth largest carrier, T-Mobile US, it appears their main suitor Sprint is ending their pursuit.

Sprint, now owned by Japanese carrier Softbank, is said to be dropping their bid due to the insurmountable regulatory hurdles that such a merger would have caused in the U.S. Anti-trust agencies in the U.S. have long said they do not want more consolidation in the U.S. wireless market and are content with four big players although Verizon and AT&T each have over double the customers and spectrum of Sprint and T-Mobile and operate as a duopoly in some areas.



Softbank had been in advanced negotiations with T-Mobile parent Deutsch Telekom for over three months. Financing concerns are also said to have caused the end of discussions.

T-Mobile has been gaining subscribers at the fastest pace in the industry for the last two years, thanks to customer friendly new plans and features, while Sprint continues to lose customers and lose hundreds of millions of dollars per quarter.

Source:
Reuters


Written by: Andre Yoskowitz @ 5 Aug 2014 21:41
Tags
Sprint acquisitions Carrier T-Mobile US
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  • 9 comments
  • hearme0

    Perhaps if Sprint went back to their roots when they put out a really robust and reliable system way back in the PCS days, they wouldn't be in such a mess.

    Their service outright SUCKS! It's the slowest, most intermittent and unreliable. They may have improved their customer service but only at the sincere expense of the quality of their bottom-of-the-barrel service.

    My fiancee has them and it's bad!.........IN CHICAGOLAND OF ALL PLACES TOO!!! Chicagoland is a cellular MECCA.

    6.8.2014 14:20 #1

  • KillerBug

    Nah, sprint just needs to do what T-Mobile does...provide equally terrible service with lots of lies from the salespeople and rubber contracts that will let them screw all their new customers royally once the sign-on rush slows down.


    6.8.2014 17:33 #2

  • DVDBack23

    Originally posted by KillerBug: Nah, sprint just needs to do what T-Mobile does...provide equally terrible service with lots of lies from the salespeople and rubber contracts that will let them screw all their new customers royally once the sign-on rush slows down. You are legitimately the only person who I have ever heard complain about T-Mobile. There are no contracts, the best prices, and unless you are in the swamp, great speeds.

    6.8.2014 22:04 #3

  • JST1946

    I've been with T-Moble for eight years now and haven't had many problems to speak of.

    20 Year U.S.Army Veteran.Vietnam 1969-1972 101st Abn.Div.

    7.8.2014 04:05 #4

  • xnonsuchx

    Originally posted by DVDBack23: You are legitimately the only person who I have ever heard complain about T-Mobile. There are no contracts, the best prices, and unless you are in the swamp, great speeds.
    You haven't noticed that KB relishes negativity around here?

    7.8.2014 09:53 #5

  • KillerBug

    Originally posted by xnonsuchx: Originally posted by DVDBack23: You are legitimately the only person who I have ever heard complain about T-Mobile. There are no contracts, the best prices, and unless you are in the swamp, great speeds.
    You haven't noticed that KB relishes negativity around here?
    I do try to find the problems with things...that's part of "always prepared". But seriously, T-Mobile screwed me royally. I signed up with no contract, bought my own phone, and they put me on a contract without my permission later. There was a service agreement, which they failed to honor. When I canceled I had to pay a termination fee for a "contract" that they say I agreed to by paying my bill. Now they are offering the exact same deal they used to screw me over once again...why would I expect them to do anything other than what they did before?


    7.8.2014 18:33 #6

  • Mrguss

    Agree.
    Same thing happen to me, and also another small issue. But I stray it up before I cancel my service with them.
    T-Mo is not diff. from any other scamer corporation.
    They do funny things to their own customers:
    - They approach you with good deals in one hand, while in the other hand they are so ready to stub you in the back.

    P.S.
    - CORPORATE GREED is the name of the game now on day !
    - We Vote with our money: BOYCOTT !!!

    Just saying.

    Live Free or Die.
    The rule above all the rules is: Survive !
    Capitalism: Funnel most of the $$$ to the already rich.

    8.8.2014 16:57 #7

  • KillerBug

    Originally posted by Mrguss: Agree.
    Same thing happen to me, and also another small issue. But I stray it up before I cancel my service with them.
    T-Mo is not diff. from any other scamer corporation.
    They do funny things to their own customers:
    - They approach you with good deals in one hand, while in the other hand they are so ready to stub you in the back.

    P.S.
    - CORPORATE GREED is the name of the game now on day !
    - We Vote with our money: BOYCOTT !!!

    Just saying.
    In deed. Verizon may be expensive, but they give exactly what they promise...people that got unlimited internet contracts years ago still have it. T-mobile ends up being almost as expensive after all is said and done, with terrible service. One nice thing about capitalism is that you have choices. T-Mobile screwed me so I'll never use them again. Sony removed OtherOS and then bribed the judge, so I'll never buy anything from them unless I fully intend to remove all the stock software and features right off. Stag Arms pays taxes to the government of Connecticut who is anti-gun so I don't buy rifles from them anymore. WalMart pressures their suppliers to move jobs overseas (and they stopped carrying semi-autos) so the only reason I go there is to move the toys to the freezer section and the frozen food to the toy section. Etc, Etc, Etc.


    8.8.2014 22:45 #8

  • hearme0

    Originally posted by KillerBug: Nah, sprint just needs to do what T-Mobile does...provide equally terrible service with lots of lies from the salespeople and rubber contracts that will let them screw all their new customers royally once the sign-on rush slows down. WAS with Tmo for 10 years. No lies man. Best customer service, credited bill every time they made mistake, no fraudulent charges, no misleading.

    TMo service is 10 times better than Sprint. Faster, less drops, less dead areas (Chicagoland-which has stronger cellular presence than just about anywhere.)

    If you somehow got screwed, it's probably because your head was..............up your......I mean in the clouds should I say, when you spoke to them. Must do you due diligence man, educate yourself on what you're engaging and LISTEN. If they made a mistake like putting you on contract when you didn't know then shame on you.

    11.8.2014 17:02 #9

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