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Sprint 'Betting Big On Trump,' Could Merge With T-Mobile Or Comcast (arstechnica.com)

An anonymous reader quotes a report from Ars Technica: Speculation that Sprint will merge with T-Mobile USA or another competitor has ramped up since the inauguration of President Donald Trump. That continued Friday when a report from The New York Times suggested that Sprint could be combined with either T-Mobile or Comcast, the nation's largest cable company. Masayoshi Son, founder and CEO of Sprint owner SoftBank, "and his financial advisers are weighing several major possible deals for Sprint," the Times wrote. "Be it a tie-up with T-Mobile U.S., Sprint's closest competitor, or a more ambitious marriage with the cable colossus Comcast, a transaction would allow Mr. Son to fulfill a long-held ambition to invest aggressively in wireless networks in the United States and enable next-generation mobile technology." Titled "The World's Top Tech Investor Is Betting Big on Trump," the Times report says that "the Trump administration's push for lighter regulation and lower taxes has been a powerful lure for cash-rich investors the world over." SoftBank, which is based in Japan, had several of its executives "spen[d] a day in Washington talking to senior members of Mr. Trump's economic team" last month, according to bankers who were briefed on the meetings, the Times report said. U.S. regulators opposed wireless consolidation during the Obama administration, preventing potential mergers between AT&T and T-Mobile and later between Sprint and T-Mobile. With four major nationwide carriers, U.S. wireless competition recently led to an expansion of unlimited data plans.

2 of 89 comments (clear)

  1. Bet on the RUSSIANS!!!!` by Anonymous Coward · · Score: -1, Troll

    I'm sure The New York Times and The Washington Post is sitting on more stories WITH NO EVIDENCE that purport to tie Trump to Russia.

    OMFG IT'S RUSSIA!!!!!!

    Laugh as the progtards fall for it. The same progtards that 4 months ago thought Obama's "reset" with Russia worked and Russia wasn't hostile. But now those progtards are amped up on Reagan's "Evil Empire" characterization. Oh, the irony.

  2. Re:Revised pledge of allegiance ending by D00MSlayer · · Score: -1, Troll

    I heard some kids in a private christian school already adopted this version.