For the past few years, we have been hearing about how Sprint and T-Mobile want to merge with each other. There were some relatively concrete plans a while ago, but they kind of fizzled out, and from what we are hearing it sounds like things are starting back up again, which has been “confirmed” in a report from Bloomberg.
According to the report from Bloomberg, preliminary talks between Sprint and T-Mobile regarding the merger have resumed. However the report claims that should they proceed with it, it probably won’t be happening anytime soon as both sides still needs to do their due diligence on the other, and also it will have to see Sprint agree to what T-Mobile’s parent company, Deutsche Telekom is asking for.
We have heard that both sides are amicable to the idea of merging, with T-Mobile’s CFO being quoted earlier this year as saying that such a merger would make sense. However there is also the regulatory hurdles to consider, where regulatory bodies like the FCC who has in the past been critical of the major carriers merging, which is one of the reasons the deal between AT&T and T-Mobile fell apart as well.
In any case only time will tell if this new merger will be successful, but for now we guess it’s just business as usual for either carrier’s customers.