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Big Telecom: Terms Set For Sprint To Buy T-Mobile For $32B
First time accepted submitter Randy Davis (3683081) writes 'A report from Forbes says that Sprint buying T-mobile for $32 billion is almost done. This will clearly rock the top two telecommunication companies in the U.S., Verizon and AT&T. The news report also said that T-mobile will give up 67% share in exchange of 15% share of the merged company. Officials of both Sprint and T-Mobile are confident that FCC will approve this deal since AT&T's $48.5 billion acquisition of DirecTV got approved.' One reason for that confidence: "The predominant feeling is that combined T-Mobile and Sprint will be able to offer greater competition to Verizon and AT&T , ranked first and second respectively in the U.S. market. It will also give Sprint greater might in the upcoming 600 megahertz spectrum auction, especially since part of it excludes both Verizon and AT&T from bidding."
InforWorld puts the potential price even higher, and points out that the deal could still fall apart.
InforWorld puts the potential price even higher, and points out that the deal could still fall apart.
No, fuck you. This is exactly the opposite of introducing competition. It's an extremely shitty company with incredibly shitty service (Sprint) buying a smaller competitor with far better service (T-Mobile) in order to make a much more massive, shittier company than before possible.
This is an anti-trust violation, so fuck these guys!
Aren't the two using two different cell technologies? How are they to be combined? Do tmobile users need to get new phones?
-- these are only opinions and they might not be mine.
Now I know that Sprint and T-Mobile don't have the best wireless coverage, but you're going to have to try a little harder to justify the claim they have the worst customer service. I was under the impression it was just a universally accepted fact that Verizon's customer service is the worst in the industry despite their otherwise excellent network service. As I've heard someone say, Verizon is the hottest girl at the prom, and worse, she knows it.
I sometimes ask revealing, often ignorant-seeming questions. Maybe they're harder to answer than you think.
I'm a T-Mobile customer, specifically because I have a GSM phone (Sprint ditched/is ditching GSM last I heard) and because T-Mobile doesn't have any stupid contracts. I pay, they give me service, we're both happy. I LIKE T-Mobile. Sure, I don't always have great coverage. it's a minor distraction at worst. It works fine.
I have my own phone (I buy used Nexus S phones, and reflash them with the latest stock Android. No stupid carrier BS on my phone!). I LIKE paying $150 for a phone, and still getting the latest wiz bangs. I LIKE not having a contract. Yes, I even like feeling a little superior to the Morons that buy new phones every 2 years and shell out $ for something that's not really essentially any better than what I have.
Damn. I hope Sprint doesn't buy T-Mobile. If they do, I hope they don't F it up...