SoftBank Reportedly Still Hopeful For Sprint/T-Mobile Merger

A couple of years ago, Sprint and T-Mobile were on the path to a merger, but numerous hurdles along the way, like the FCC being dead set against it, eventually led to the deal falling through, and it’s safe to say that both carriers aren’t exactly on friendly terms. However that might not necessarily be the end of it.

According to a report from Bloomberg, they have heard it from people familiar with the matter that apparently Sprint’s owner, Japan’s SoftBank, is still hopeful that a Sprint and T-Mobile merger could take place in the future, and that they aren’t completely ruling out that possibility in the future, even if it means waiting a few more years.

Gene Kimmelman, a former Justice Department official said that in order for a merger to happen again in the future, at least one of the two companies would need to be in financial trouble. “You would need to see a pretty significant reversal of fortunes across both companies — Sprint and T-Mobile — for the antitrust enforcers to change their views. You’d have to see a clear demonstration of a company in jeopardy.”

Of course we suppose anything’s possible and who’s to say what will happen in the next month or the next year? Or for all we know, T-Mobile’s parent company Deutsche Telekom, could find another buyer for the company, something that they have been apparently looking for since several years ago.

Tyler Lee
Categories: Cellphones, Rumors
Tags: softbank, Sprint, T-Mobile