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Unread 2011-12-01, 08:40 PM   #226
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Originally Posted by Ricerking13 View Post
Okay expert...
Ditto.
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Unread 2011-12-01, 08:48 PM   #227
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Ditto.
No my exact point is we don't know nearly enough to assume what you said.

Especially given what I said which was, there are 5 other options, so I don't get how this can be blocked.
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Unread 2011-12-09, 03:36 PM   #228
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AT&T, T-Mobile deal dealt blow again after DOJ moves to scrap chance at court victory



The Justice Department on Friday said it would ask a judge to delay its lawsuit to block a merger between AT&T and T-Mobile, dealing a crippling blow to the deal’s prospects.
AT&T had hoped to win its case against Justice, as a way to salvage its $39 billion bid for the fourth-largest wireless company. It had then planned to use the victory to persuade a skeptical Federal Communications Commission to approve the merger.
But Friday’s events threw that strategy into disarray. If the judge sides with Justice, AT&T would have even fewer options left.
Justice’s action exposed a misttep in AT&T’s decision late last month to withdraw its application at the FCC. AT&T did so after FCC Chairman Julius Genachowski said he opposed the deal and would move to block it.
That prompted AT&T to withdraw its FCC application and concentrate on a court victory with Justice first. It would then reapply with the FCC, executives had said.
U.S. District Court Judge Ellen Huvelle had some harsh words for AT&T’s plan. She said it was “presumptuous” for the wireless giants to think they could “use” a court trial to influence the thinking of FCC officials.
She also questioned AT&T’s push to speed up the trial process in order to meet a September 2012 deadline to consummate the deal with Deutsche Telekom, T-Mobile’s parent.
“At this moment, [the DOJ] does not think you are a serious opponent without an application at the FCC,” Huvelle said. “Don’t you understand that this ‘strategy’ has a slight aura of using the court?”
AT&T has said that unless the hearing before Huvelle moves quickly, the deal could unravel. AT&T has to pay a $4 billion break-up fee in cash and other assets if the merger is not completed by September of next year.
Attorneys for the company told Huvelle they were not using her court as leverage with the FCC. And they reiterated the need to go to trial quickly.
But Justice attorney Joseph Wayland said their suit was initially filed last August to block the companies’ $39 billion merger which was still under review at the FCC.
Wayland also said that Justice would seek to withdraw its lawsuit altogether, forcing AT&T to deal with the FCC first.
“Since there is no proceeding at the FCC, there is no case,” Wayland said, adding that Justice would file their motion to withdraw or stay the case on Tuesday. The judge said she would decide on Justice’s motion on Thursday.
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Unread 2011-12-09, 04:01 PM   #229
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AT&T is fucked.
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Unread 2011-12-09, 05:28 PM   #230
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Why would the merger be a bad thing?

It seems like all that is happening is the other majors are lobby against it because they know it would hit their profits. I understand not wanting monopolies and by all means, stop the Standard oils of the world, but this? wtf? it wouldnt even be close to a monopoly.
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Unread 2011-12-13, 09:39 AM   #231
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Dish Network Wants To Take A Crack At T-Mobile If AT&T Merger Fails



Dish Network is reportedly eying T-Mobile should their merger with AT&T fail. In an interview with with Bloomberg, Dish Network’s CEO Joseph Clayton revealed that if Dish could combine their network with T-Mobile’s, they could have enough spectrum to compete with the top dogs: Verizon and AT&T.
"We’re not interested in making money on selling our spectrum. We want to use it to create a national wireless network, video, voice and data. We’ve got expertise in satellite-TV, and we will in satellite broadband. The voice part, we’ll need some help with."
If the T-Mobile/AT&T merger fails, I have a feeling we’ll see a lot more companies like Dish Network come out of the woodwork and attempt to pick up the scraps.
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Unread 2011-12-13, 03:35 PM   #232
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U.S. Judge Grants Delay in Challenge to AT&T Deal


WASHINGTON — AT&T has one month to tell a Federal District Court judge and the Justice Department whether it will pursue its proposed $39 billion acquisition of T-Mobile USA in its current form, in a modified structure, or if it will drop the deal altogether.
Judge Ellen Segal Huvelle, of Federal District Court in Washington, granted a joint motion filed Monday by AT&T and the Justice Department to delay the government’s antitrust lawsuit over the merger. Judge Huvelle set a Jan. 12 deadline for AT&T to decide whether it intends to continue to pursue the deal.
The Justice Department’s antitrust division had sued to block the deal, which it said would result in too much consolidation in the market for cellphone and wireless broadband service and could hurt consumers.
Separately, Julius Genachowski, the chairman of the Federal Communications Commission, indicated that he would recommend that the commission vote to block the merger. Subsequently, AT&T withdrew its application from the regulator, saying it intended to focus first on the antitrust case.
Judge Huvelle, who is overseeing the antitrust case, agreed to halt the pretrial proceedings and cancel a status conference scheduled for Thursday, setting a new date of Jan. 18 for the next hearing. The trial had been scheduled for mid-February, but that will now depend on the outcome of the hearing in January.
By Jan. 12, AT&T and T-Mobile must submit a report “describing the status of their proposed transaction, including discussion of whether they intend to proceed” with the current transaction or another deal. The companies also must outline “their anticipated plans and timetable for seeking any necessary approval from the Federal Communications Commission.”
Judge Huvelle said last week that it appeared that “the landscape has changed” because of AT&T’s withdrawal of its application with the F.C.C. Government lawyers argued at a hearing last week that if no application for approval of the merger was before the F.C.C., the antitrust lawsuit was moot.
The Justice Department does not have to formally approve the merger, although it can object to try to block it. The F.C.C., however, must give its approval for the deal to proceed because it involves the transfer of licenses for public airwaves. Justice Department lawyers said in court that they would consider withdrawing the lawsuit because without an F.C.C. application there was no merger for the government to oppose.
Addressing that point, Judge Huvelle told AT&T and T-Mobile, “We don’t have any confidence that we are spending all this time and effort and the taxpayers’ money and that we’re not being spun.”
AT&T said the company was committed to working with T-Mobile’s parent company, Deutsche Telekom, “to find a solution that is in the best interests of our respective customers, shareholders and employees.”
It added, “We are actively considering whether and how to revise our current transaction to achieve the necessary regulatory approvals so that we can deliver the capacity enhancements and improved customer service that can only be derived from combining our two companies’ wireless assets.”
Under the merger agreement, which was announced in March, if the deal is not completed by next September, AT&T must pay T-Mobile $3 billion in cash plus turn over spectrum, the airwaves on which cellphone signals travel, worth at least $1 billion.
An F.C.C. staff report released last month predicted that the merger would lead to significant job losses. AT&T has maintained the opposite, saying that it would return 5,000 call center jobs to the United States from abroad. It also vowed not to lay off any call center employees who were employed on the date of the merger.
But AT&T has said that certain overlapping jobs would be reduced because of the merger. The company has said that it would consider selling some T-Mobile assets to satisfy regulators worried about industry consolidation.
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Unread 2011-12-19, 05:11 PM   #233
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http://phandroid.com/2011/12/19/att-...e-acquisition/

And just like that, T-Mobile is safe (for now). AT&T has announced that they’re ending bids to acquire T-Mobile up against heavy resistance from the FCC and the Department of Justice.

Because the deal, which was expected to be accepted and in the finalizing stages in the first couple of months of 2012, fell through, AT&T owes T-Mobile’s parent company Deutsche Telekom $4 billion as well as a roaming agreement that AT&T states is mutually beneficial to both parties.
And all in the world of magenta let loose a deep sigh of relief. The question is – who will try next? We’re sure someone will. A lot of you want it to be Google, and – trust me – we’d want that too.
But as it stands, T-Mobile is T-Mobile and AT&T will look into other areas of investment and opportunities to improve service for their consumers (at least that’s what they say their motive behind the acquisition was). Read on for full press details.
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Unread 2011-12-19, 05:38 PM   #234
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Now we wait for the inevitable price hike in our plans come contract renewal time...
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Unread 2011-12-19, 06:05 PM   #235
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Unread 2011-12-20, 09:38 AM   #236
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Sprint Issues Statement To AT&T Walking Away From T-Mobile Takeover


It’s not like we didn’t already know what Sprint’s reaction to AT&T’s pulling out of their T-Mobile takeover was going to be. With the proposed merger dead in the water, Sprint would like to take a moment to tell everyone — “We told you so.” Number 3 issued a statement today also reminding everyone that they were always looking out in the best interest of the American consumer (and in the process, their own well being) by opposing the near-duopoly from the start. Somewhere, Sprint’s CEO Dan Hesse is doing windmills in his lavish penthouse. Full press release can be found below.
Sprint statement on decision by AT&T and Deutsche Telekom to end bid to acquire T-Mobile USA


OVERLAND PARK, Kan. (BUSINESS WIRE), December 19, 2011 – Vonya B. McCann, senior vice president of Government Affairs for Sprint (NYSE: S), issued the following statement in response to AT&T’s decision to end its bid to takeover T-Mobile USA:
"Earlier today, AT&T terminated its definitive merger agreement with Deutsche Telekom to acquire T-Mobile USA. This is the right decision for consumers, competition and innovation in the wireless industry.
"From the beginning, Sprint has stood with consumers who spoke loudly and clearly that AT&T’s proposed takeover of T-Mobile would create an undeniable duopoly that would have resulted in higher prices, less innovation and fewer choices for the American consumer.
"Sprint commends the Department of Justice, the Federal Communications Commission and the bi-partisan group of state attorneys general who gave voice to the concerns of consumers across the country. We look forward to competing fiercely in the robust, competitive market that exists today and continuing to deliver the world class service and products that consumers have come to expect from Sprint."
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Unread 2011-12-20, 12:27 PM   #237
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T-Mobile USA to receive AWS spectrum and a 3G roaming deal from AT&T breakup




Deutsche Telekom recently detailed the breakup terms AT&T agreed to following the deterioration of its planned acquisition of T-Mobile USA. Deutsche Telekom will receive $3 billion in cash and T-Mobile USA will benefit from fresh AWS spectrum as well as a new 7-year 3G roaming deal with AT&T. “As part of the break-up fee, T-Mobile USA will receive a large package of AWS mobile spectrum in 128 Cellular Market Areas (CMAs), including 12 of the top 20 markets (Los Angeles, Dallas, Houston, Atlanta, Washington, Boston, San Francisco, Phoenix, San Diego, Denver, Baltimore and Seattle),” Deutsche Telekom said in a statement. “The UMTS roaming agreement for the U.S. in T-Mobile USA’s favor has a term of over seven years and will allow the company to improve its footprint significantly among the U.S. population and offer its customers better broadband coverage for mobile communications services in the future.” The company also said that T-Mobile USA’s 3G network will grow from blanketing 230 million potential customers to covering 280 million people. Deutsche Telekom’s full press release follows below.
AT&T and Deutsche Telekom terminate agreement on the sale of T-Mobile USA
Dec 19, 2011
  • Deutsche Telekom receives record high break-up fee
  • AT&T will pay Deutsche Telekom USD 3 billion in cash
  • T-Mobile USA will receive a large package of Advanced Wireless Solutions (AWS) spectrum and long-term national UMTS roaming agreement
  • Deutsche Telekom’s guidance and planned dividend policy remain unchanged
U.S. telecommunications company AT&T Inc. and Deutsche Telekom have terminated the agreement on the sale of T-Mobile USA to AT&T. As a result, AT&T will pay Deutsche Telekom the break-up fee agreed in the contract signed by both companies dated March 20, 2011. This is one of the highest payments ever agreed between two companies for the termination of a purchase agreement. It includes a cash payment of USD 3 billion to Deutsche Telekom, which is expected to be made by the end of this year. In addition, it contains a large package of mobile communications spectrum and a long-term agreement on UMTS roaming within the U.S. for T-Mobile USA.
Both companies are in agreement that the broad opposition by the U.S. Department of Justice (DoJ) and the U.S. telecommunications regulator (FCC) is making it increasingly unlikely that the transaction will close. Both companies are of the opinion that important arguments in support of the transaction have been ignored, such as the significant improvement in high-speed mobile network coverage for the U.S. market, as well as the positive employment effects. In addition there was no indication that either authority would move away from it’s non-supportive stance in return for concessions from the parties in terms of the scope and structure of the transaction.
As part of the break-up fee, T-Mobile USA will receive a large package of AWS mobile spectrum in 128 Cellular Market Areas (CMAs), including 12 of the top 20 markets (Los Angeles, Dallas, Houston, Atlanta, Washington, Boston, San Francisco, Phoenix, San Diego, Denver, Baltimore and Seattle).
The UMTS roaming agreement for the U.S. in T-Mobile USA’s favor has a term of over seven years and will allow the company to improve its footprint significantly among the U.S. population and offer its customers better broadband coverage for mobile communications services in the future. Population coverage will increase from 230 million potential customers at present to 280 million. As a result of the agreement with AT&T, coverage will be extended to many regions of the U.S. in which T-Mobile USA previously had neither its own high-speed mobile communications network nor the associated roaming agreements.
The termination of the agreement means Deutsche Telekom will go back to reporting T-Mobile USA as continuing operations in future. Deutsche Telekom’s guidance for the 2011 financial year remains unchanged as a result of this development, with adjusted EBITDA of around EUR 19.1 billion expected. At EUR 6.5 billion, free cash flow is forecasted to remain at the prior-year level or increase slightly. The guidance includes the T-Mobile USA contribution based on the average exchange rate in 2010 of USD 1.33 per euro. The free cash flow forecast does not include the settlement payment of EUR 0.4 billion relating to PTC in Poland or the cash payment of USD 3 billion from the break-up fee to be paid by AT&T.
Deutsche Telekom’s dividend policy also remains unchanged. The annual dividend payments are subject to the necessary board resolutions and other legal requirements.
Even following the termination of the agreement with AT&T, Deutsche Telekom exepects to remain within the communicated ranges for certain financial performance indicators used to assess the financial performance of the company. These are as follows: The ratio of net debt to adjusted EBITDA of the Group is to be between 2 and 2.5, the equity ratio is to be between 25 percent and 35 percent, gearing (ratio of net debt to shareholders’ equity) between 0.8 and 1.2, and liquidity reserves is to cover maturities of at least the next 24 months.
The cash component of the break-up fee directly reduces Deutsche Telekom’s net debt, thereby by strengthening the financial performance indicators affecting the company’s rating.
Deutsche Telekom would like to express its gratitude to AT&T and to Randall Stephenson and his team for the positive cooperation over the past few months. Our working relationship was characterized by fairness and respect at all times.
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Unread 2012-01-11, 03:59 PM   #238
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T-Mobile Finalizes Business Plan to Sell Towers



After the failed merger of AT&T and T-Mobile many were wondering what DT and their US subsidiary would do to help keep the company competitive. It appears that improving their network is near the top of their list according to a new business plan they’re preparing.
T-Mobile will apparently look to sell towers, among other things, to raise money for significant network upgrades. Their desire to keep customer cancellation down is directly tied into their network as many people tend to leave T-Mobile due to bad network performance and subpar performance compared to their rivals.
We don’t see T-Mobile completely tanking anytime soon but the general consensus was that they needed to attack their issues with a big sense of urgency. It was extremely clear before the proposal that Deutsche Telekom was unhappy with the US devision’s performance and the proposal all but confirmed that. Things don’t change overnight so we’re sure there are still a lot of problems to solve. Their ship is still above tide but it’s slowly sinking.
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Unread 2012-04-25, 12:03 PM   #239
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FCC approves AT&T spectrum transfer to T-Mobile




Following AT&T’s failed attempt to acquire T-Mobile USA from Deutsche Telekom for $39 billion, AT&T had to pay a lofty break-up fee as per the terms of its agreement. AT&T’s related expenses totaled $4 billion, and included in that sum was the transfer of AWS spectrum licenses to T-Mobile in 128 different markets. On Wednesday, T-Mobile announced that the Federal Communications Commission has approved the transfer. ”We applaud the FCC for acting swiftly to approve the transfer of these spectrum licenses,” T-Mobile CTO Neville Ray said in a statement. The nation’s No.4 carrier will use its newly acquired spectrum to help build out its next-generation 4G LTE network, which it hopes to launch next year.
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Unread 2012-05-24, 01:55 PM   #240
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Deutsche Telekom chief says T-Mobile USA merger still an option, sweeps full sale off the table






T-Mobile's USA proposed union with AT&T might have gone down in flames, but that isn't precluding the boss of parent company Deutsche Telekom, René Obermann, from exploring tie-ups in the future. He's now telling investors that the company won't "exclude any option" for its US carrier, up to and including mergers with others. Before you worry that your One S might lose its luster through an outside takeover, though, the CEO has said it's "unlikely" that DT will sell T-Mobile outright. There aren't any coded messages about possible merger targets, either, even if rumors of a MetroPCS deal have percolated elsewhere. Most of the present focus is simply on reworking and trimming the company to get it running at full efficiency in the face of some very stiff competition; Carly can keep wearing that T-Mobile magenta for awhile yet.
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Unread 2012-05-24, 02:29 PM   #241
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I just got a letter warning me about my tethering. My contract is up in july and they think sending letters out about how i use my data is going to make me stay with them? What a joke. Thats like time warner saying i cant have a router in my house and i have to pay for a router plan. Fuck att.
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Unread 2012-05-27, 10:50 PM   #242
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I just got a letter warning me about my tethering. My contract is up in july and they think sending letters out about how i use my data is going to make me stay with them? What a joke. Thats like time warner saying i cant have a router in my house and i have to pay for a router plan. Fuck att.
When your ready to switch to Verizon, let me know .
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Unread 2012-05-28, 02:58 AM   #243
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When your ready to switch to Verizon, let me know .
All of the stateside carriers suck dick.
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Unread 2012-05-28, 03:08 AM   #244
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All of the stateside carriers suck dick.
So fucking true. I miss Vodafone and Optus
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Unread 2012-05-31, 12:08 PM   #245
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Free T-Mobile msg: The AT&T merger is off, but we've never slowed down. We're investing billions in network coverage & reliability. http://t-mobile.com/attoff
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Unread 2013-12-18, 09:03 PM   #246
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Dish yet again rumored to be preparing bid for T-Mobile







A few days ago we read a report claiming that Sprint – now owned by Japanese carrier Softbank – was looking to buy out T-Mobile in 2014. Although we’re highly skeptical that the company is in a position in which a buyout is necessary, the rumors won’t stop flowing.
Today, in an exclusive article, Reuters reports that its sources have further information on a bid from Dish. If both rumors true, it would see the cable TV and home telecommunications company competing with the black and yellow carrier for a piece of the magenta pie. It’s worth noting that the same company also tried to hijack Softbank’s purchase of Sprint earlier in the year. I think it’s fair to say that Dish Network is keen on getting in to the mobile communications market, perhaps enabling them to offer a truly all inclusive communication and entertainment bundle for consumers.
(Reuters) – Dish (DISH.O) is considering making a bid for T-Mobile (TMUS.N) next year, according to people close to the matter, in what would be the satellite TV provider’s second attempt in as many years at acquiring a major wireless operator and potentially setting the stage for a new bidding war with Softbank (9984.T).
What I find unbelievable about both pieces of speculation is that T-Mobile US is a completely different company than it was 12 months ago. A year ago, I’d have no problems believing it was being bought out. Deutsche Telekom was keen to accept AT&T’s a couple of years back, and only a ruling from the governing bodies stopped that going through. (Rather handily, Tmo acquired some much needed spectrum as part of the failed acquisition’s agreement.)
Today, at the end of 2013, we’re just about to see T-Mobile announce the 4th phase of the Uncarrier movement, and its position in the mobile industry has never been stronger. It has great deals, great devices and its coverage is expanding at break-neck pace. 10+10 and 20+20 LTE networks are lighting up all over the country and its subscriber base has seen better growth than any other US carrier except Verizon (which is only slightly ahead).
To me, it’s almost as if no one was interested because T-Mobile was seen as having nothing of value, but as soon as it started to show signs of growth, and gaining public interest, all of a sudden rumors come in of companies wanting a piece of the action. My own personal – and perhaps slightly unprofessional and irrational – response is: Back off, we can do it on our own now.
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Unread 2013-12-18, 09:51 PM   #247
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Tmobile US is finally getting close to the level of awesome that Deutsche Telekom is at in Germany.

I am so glad I have stayed with them.
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Unread 2013-12-19, 04:53 PM   #248
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T-Mobile and Dish's Worst Problem: Charlie Ergen





Now that Sprint has shown a desire to purchase T-Mobile, here comes Sprint's nemesis: Dish Networks.
Any Sprint acquisition rumor nowadays seems quickly followed by a Dish acquisition rumor, because Dish is Sprint's ultimate frenemy. At the moment, the satellite TV company is on the "friend" side, trying to build a fixed-wireless Internet business with Sprint. But just a few months ago, it was an enemy, battling Sprint for control of Clearwire, and Softbank for control of Sprint itself.
I have no idea if this bid is serious or if Dish's cantankerous CEO, Charlie Ergen, is just trying to rile up Sprint. But it's worth thinking about.
On one level, this looks like a good tie-up. Dish owns a big chunk of nationwide wireless spectrum that's suited for a mobile phone network. Some of it was formerly satellite spectrum, and some of it is 700MHz low-band "beachfront" spectrum with good in-building propagation. The company hasn't built any of it out, though, and it's tussling with the FCCover buildout requirements that could get its spectrum taken away if it continues to let it lie fallow.
T-Mobile has a nationwide network, a lack of low-band spectrum, and a network build team that sometimes seems to consist of Barry Allen and Wally West. Dish's spectrum could boost T-Mobile's network, and the company wouldn't have to sell or forfeit the airwaves.
Dish and T-Mobile are also both fighting integrated communications companies that do triple or quadruple-play sales: AT&T and Verizon. Maybe the end of cable and satellite TV is coming, but that won't be in the next few years. With U-Verse and FiOS, AT&T and Verizon can sell Americans a coherent set of TV, Internet, and wireless services all at the same time. Sprint and T-Mobile can't do that. Neither can Dish. But Dish/T-Mobile could.
A T-Mobile/Dish combination also doesn't seem to hurt competition in the wireless industry. Dish hasn't shown any desire to build out a network of its own. Bloomberg speculated Dish will just end up selling its spectrum if it can't find a partner, and partners don't seem to be forthcoming. Perhaps Dish could have made a go of it with Clearwire.
We're unlikely to get a fifth nationwide wireless carrier in the U.S. anymore. Fortunately, it seems to be possible to have decent competition with four carriers and a range of innovative virtual operators like Republic Wireless. If Dish sells its spectrum on the open market, there's a good chance it'll get snapped up by AT&T and Verizon; offloading it to T-Mobile would, in that case, be a better competitive outcome.
Of course, we don't know what the future holds. The 600MHz spectrum auction in 2015could change the market entirely; maybe a new player will come in.
The Problems Aren't Technical
The issues in a T-Mobile/Dish tie-up don't appear to be technical. Rather, they're cultural and financial.

First of all, nobody likes Charlie Ergen.
Businessweek said Ergen was responsible for Dish becoming the "meanest company in America," and had a habit of "pounding people into submission."
This is important because T-Mobile's team is all winners right now. CEO John Legere is the architect of the game-changing "UnCarrier" approach. CTO Neville Ray is probably the nation's best network architect when it comes to working with thin resources. CMO Mike Sievert turned around a dejected, apathetic sales team.
If Ergen's egotism alienates any of them - especially Legere, who's a big personality himself - then T-Mobile's resurgence could go off the rails. T-Mobile has never had a team quite like this, and Ergen may find that they're very hard to replace.
Financially, Ergen's a risk-taker with a history of proposing highly leveraged buyouts. In my experience, a leveraged buyout almost always results in lower quality from the bought-out company as it devotes its money to paying off debt rather than to doing anything actually useful. I worked for a highly leveraged company once, and it was like pouring money into a big hole.
That's part of why Softbank was a better buyer for Sprint than Dish was. Dish promised debt; Softbank promised investment.
On balance, I would prefer that Dish not buy T-Mobile. After watching the wireless carrier flail for years under apathetic management, it's clear that the current management team is a rare find, an alignment of brains, charisma, and a willingness to take risks. Upsetting that would be pretty bad for American consumers.
But if Charlie Ergen can promise investment rather than debt financing, keep his trap shut, and not berate the golden goose to death, the two companies would make a good match.
For more, check out Sprint and T-Mobile's Painful Technical Path.
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Unread 2015-06-04, 06:03 PM   #249
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Dish and T-Mobile are considering a merger, and John Legere would be named CEO of the new pact





T-Mobile is trying to get swept off their feet by a company willing to take on their burdens, and a new candidate has arrived. The Wall Street Journal reports Dish and T-Mobile are in talks about a possible merger deal.
The talks are only in the “formative” stages, according to them, so there’s nothing concrete being planned just yet, but the fact that the two sides are talking is still quite a big deal. The deal stands to be lucrative for both sides.
Dish Network has been trying to swallow up a carrier for a few years now, with a failed attempt at Sprint and Clearwire being their biggest highlights. Meanwhile, T-Mobile’s plans to to sell themselves off to another carrier or any telecommunications company in need of a solid cellular division are well documented, particularly in 2011’s failed merger between them and AT&T.
For its part, Dish was interested in T-Mobile even before the AT&T deal failed. The company expressed their interest in taking a swing at T-Mobile if they were still on the market after antitrust investigations and trials, so you could say this has been a long time coming.
We’re not sure how the market would react to such a proposal, but we can’t seem to draw up a scenario where the Justice Department would shoot it down on fears of anti-competition and antitrust. Neither company has a significant stronghold in their respective industries, so fears that the merger would create a monopoly would seemingly be unwarranted.
One interesting detail Wall Street Journal did pick up on was that John Legere would be named CEO of the new company should they join forces, while Dish’s CEO Charlie Ergen would serve as chairman of the board.
We aren’t surprised the company would want Legere at the head of the beast considering he has turned T-Mobile around in a big way these past couple of years. He’s also the sort of edgy and bold CEO companies yearn for in this day and age (particularly due to his strength in appealing to the common consumer).
“Plans” are all they have right now, though, and there’s likely a lot of details to hammer out before we see anything official. Heck, it’s just as likely that they might call the whole thing off before they even get to inking some legal paper.
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Unread 2017-02-18, 02:23 AM   #250
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SoftBank would give up control of Sprint to get T-Mobile merger done, says report












After trying to merge with T-Mobile in 2014, SoftBank may once again make a serious attempt at merging T-Mo and Sprint.
SoftBank wants to make a T-Mobile-Sprint merger happen, say sources speaking to Reuters, and the company is willing to give up control of Sprint to do so. SoftBank controls 83 percent of Sprint, but it’d reportedly be willing to give up control and take a minority stake in a combined T-Mo-Sprint in order to convince T-Mo parent company Deutsche Telekom to agree to a merger.
It’s said that SoftBank is growing frustrated with Sprint’s lack of major growth in the US market, and so it wants to merge with T-Mobile in order to better compete with Verizon and AT&T.
No talks between SoftBank and Deutsche Telekom are currently happening because of the FCC’s 600MHz spectrum auction that prevents collusion between competing companies. Once the auction ends in April, though, it’s expected that SoftBank will approached Deutsche Telekom about a deal.
So will a T-Mobile-Sprint merger actually happen this time? The CEOs of SoftBank and Sprint have expressed interest in doing a deal, and T-Mobile CEO John Legere has said that a merger with Sprint is “one of many potential future outcomes” of T-Mobile working to continue growing. Some have also suggested that the political environment under President Trump would be more accommodating of a T-Mobile-Sprint merger, so that could also help a deal get done this time.
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