us mobile carriers sprint tmobile to merge
Thursday 1 May 2025
Last Updated : GMT 06:49:16
Arab Today, arab today

US mobile carriers Sprint, T-Mobile to merge

Arab Today, arab today

Arab Today, arab today US mobile carriers Sprint, T-Mobile to merge

Japan's SoftBank has reached a broad accord to merge its US subsidiary Sprint with T-Mobile
Tokyo - Arab Today

Japan's SoftBank has reached a broad accord to merge its US subsidiary Sprint with T-Mobile to create a rival to America's top two wireless carriers, a newspaper said Saturday.

SoftBank and German group Deutsche Telekom, which holds 64 percent of T-Mobile, are considering a stock swap for the deal, which could be announced as early as this month, the Nikkei daily said.

The two will also discuss details of the planned merger, including ownership ratios, the business daily said.

The Japanese telecom giant is also planning to begin procedures for the approval of the US Federal Communications Commission and the US Department of Justice, the report said.

Immediate confirmation of the news report was not available.

T-Mobile ranks third among US wireless carriers by subscribers, followed by Sprint in fourth place, the Nikkei said.

Together, the pair would have 131 million subscribers, which would see them virtually match second-ranked AT&T and pose stiff competition to market leader Verizon Communications, it said.

SoftBank has long sought to combine the two firms but appeared to abandon the plan due to likely opposition from US regulators.

But the prospects for consolidation among US carriers have brightened with the pro-deregulation stance of President Donald Trump, the Nikkei said.

SoftBank chief executive Masayoshi Son was among the first businessmen to meet Trump after his election victory last year.

SoftBank's founder pledged to invest $50 billion in business and job-creation in the United States, winning praise from Trump.

Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us mobile carriers sprint tmobile to merge us mobile carriers sprint tmobile to merge

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us mobile carriers sprint tmobile to merge us mobile carriers sprint tmobile to merge

 



GMT 15:20 2017 Monday ,11 September

Taghreed calls for awareness of women’s rights

GMT 01:23 2018 Tuesday ,09 January

Apple urged to study iPhone addiction

GMT 08:24 2016 Wednesday ,28 September

What are the Oslo accords

GMT 11:13 2015 Monday ,07 September

China's government to 'manage' public dancing

GMT 15:56 2016 Thursday ,25 August

IFRS: Jarir draws up action plan for transition

GMT 05:17 2018 Tuesday ,16 January

Yamaha motorcycle comes on command

GMT 07:24 2015 Sunday ,10 May

Salah Bey play receives warm welcome in Jijel

GMT 23:19 2017 Sunday ,17 December

Mohamed bin Zayed receives President of Serbia

GMT 11:34 2017 Tuesday ,14 February

Artist makes NY fashion week debut on a bus

GMT 10:02 2017 Tuesday ,14 February

TV satirist takes out ads to educate Trump

GMT 14:45 2016 Tuesday ,13 September

Arkansas student is new Miss America

GMT 15:00 2014 Thursday ,01 May

November 22 - December 20

GMT 14:23 2011 Friday ,22 April

Al Wahda snatch an away point

GMT 22:57 2017 Thursday ,19 October

September24th-October23rd

GMT 10:07 2017 Monday ,13 November

'Fujairah Centre for Adventures' formed

GMT 18:15 2017 Sunday ,19 February

Official accuses militias of challenging companies

GMT 01:14 2017 Friday ,18 August

Uber's Philippine suspension: What we know

GMT 12:56 2017 Saturday ,15 April

Nabila Obeid reveals a lot of secrets in her diary

GMT 14:05 2017 Tuesday ,21 February

Iraqi Forces Free Two Towns in Eastern Mosul
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday