T-Mobile, Sprint Close To Agreeing Deal Terms (reuters.com)
From a report: T-Mobile US is close to agreeing tentative terms on a deal to merge with peer Sprint Corp, people familiar with the matter said on Friday, a major breakthrough in efforts to merge the third and fourth largest U.S. wireless carriers. The development follows more than four months of on-and-off talks this year between T-Mobile and Sprint, and comes as the U.S. telecommunications sector seeks ways to tackle investments in 5G technology that will greatly enhance wireless data transfer speeds.
Eeek, I am not so sure I want my provider, T-Mobile, dragged down by Sprint.
But I can't wait to see what 'Paul' looks like in a PINK polo!
Sprint's owner (Japanese telecom owner I think) and management really represent the worst of old school. Sprint's owner had tried to buy T-Mobile before....so am guessing he's wanting to do this again (and turn the result into a 3rd copy of Verizon and AT&T from a consumer standpoint)...it'll be all downhill for T-Mobile's customers. Would love for this to be blocked. JMHO...
Maybe we can call it "American Telephone" or just use a cute ringing emoji symbol and call it "American Bell"
This new company could be called American Telephone & Text.
It's like using parts from a Yugo to trick out a Ford Taurus.
We should not be okay with this. Reduced choices leads to increased cost. Fewer companies means less competition, and a greater probability of collusion and price-fixing. We should be furious.
However, the people who actually run this country are quite okay with this, so it will almost certainly go through.
I am wonder what advantage there is for T-Moble. In the last few years, T-Mobile has greatly expanded its network. Coverage is much better. Would Sprint increase the network coverage of T-Mobile? I don't it would make much of a difference. Where is Sprint that T-Mobile is not? I don't see the advantage for T-Mobile. Cost savings from the combine company reducing staff, I don't think will be that great.
I've been with T-Mobile for... well, since they started in the US in the VoiceStream days. I worked for ATTWS for many years, family members have had Sprint and Verizon, ...so with a couple decades of input it's clear: T-Mobile is pretty good.
.000002% growth? DON'T MERGE WITH SPRINT, she's a-no-good-for-you!!
The problem is how godawful the rest are. ATTWS is still a pile of bailing wire pretending to be a premium carrier at top dollar. Verizon's technology is decent, but the customer service is incompetent at best, and the pricing schemes are draconian. And Sprint... oh Sprint... their customer service motto is "we don't care," their technical philosophy is based on lock-in, and their billing policies are designed by people who run those fitness gyms that you can't ever get to stop billing your card even after the service ends. By contrast, T-Mo is amazing, because they just keep being pretty good.
PLEASE, T-Mo, don't do this. Sprint's infrastructure is barely worth it, and the human capital over on the yellow side of the fence needs to be sent back to barista school, from top to bottom. Why trash a good thing for another
I think not...(*poof*)
So two networks that are incompatible (CMDB vs GSM) are going to merge. Thats going to be fun.. Not to mention that stupid diddle ring tone t-mobile has.
Sprint is CDMA. T-Mobile is GSM. How does a merger make sense when they can't even combine current customers onto the same network.
In a year everyone will be complaining about higher prices, worse service, fees, and limited selection.
I wanted a blanket phase out of CDMA... not more Mergers. CDMA is inherently Anti-consumer. What I wanted to see is a compulsory switch from CDMA to GSM for Verizon and Sprint, and a break up of Qualcomm, This is the opposite of what I wanted.
We have antitrust laws (anti-monopoly or pro-competition laws) on the books to stop this kind of thing. The Sherman Antitrust Act (https://en.wikipedia.org/wiki/Sherman_Antitrust_Act) is the first that comes to mind. When will the US actually enforce laws like this to promote competition among markets? "The free market" rests on the notion that buyers and sellers in a marketplace have access to good information about what they're buying and selling, and that government creates reasonable rules by which the players play and compete. Allowing companies to gain such huge market share is definitely anti-competitive and hurts consumers.
We should not be okay with this. Reduced choices leads to increased cost. Fewer companies means less competition
You're assuming that the market can support 4 major carriers. Sprint has been operating at negative net income for years now. That's why Softbank is interested in the merger, because it's unlikely that Sprint will be able to scale to be profitable.
I wonder what the results will be for Google Fi users' coverage. Right now Google Fi contracts with T-Mobile, Sprint, and US Cellular. With T-Mobile and Sprint combining, will this be better, or worse? I imagine better, as duplication will be eliminated and the cost savings will spread to even better coverage.
I just got OFF of sprint ... it'll suck if their policies and people pollute T-Mobile
Probably the prices will go up for internet and everyone will merge to 1. Funny, that I get 3GB for 1.6€ How? I live in Estonia. Smart (.ee) (it's a company under a company for prepaid, but they offer monthly too) -> Be a student (isic) or if you are not a student, be a teacher (itic) and get 3GB for 2€. Adittionaly some spots offer -20% everything so it goes down to 1.6€ If you aren't a student, then the best option is Super (also prepaid) or waste 1 year of your life, calling up providers and negotiating yourself an unlimited plan for 5€ (if you don't give me this, then I will go (start lower price, they will probably bet more) )
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I demand I still be able to use my Moto Razr.