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Sprint Reportedly Secures Two Banks for $50 Billion T-Mobile Buyout

by Ron Duwell | January 17, 2014January 17, 2014 7:30 am PST


Sprint has reportedly received proposals from two banks for the $50 billion it would need to buy out T-Mobile according to a report.

T-Mobile’s value is currently estimated at around $26 billion according to a report from The Wall Street¬†Journal. On top of that, the debt that T-Mobile owes is estimated at around $20 billion, meaning that Sprint will need all of the $50 billion in loans to purchase the fourth place carrier. AT&T failed to acquire T-Mobile in 2011, though that ultimately came at the decision of government regulators who were worried about a monopoly.

Sprint may run into the same problem, at least if government regulators are concerned about giving control of two carriers over to a single foreign company, which would be the case as SoftBank recently purchased the Now Network. Meanwhile,¬†The Wall Street Journal said that there’s even some consideration being put into T-Mobile acquiring Sprint, instead of vice versa, though that seems even more unlikely. We also can’t forget Dish has its eyes on the network.

Whatever the case: T-Mobile said during the 2014 Consumer Electronics Show that it has no plans to change its core business, or Un-carrier attitude, no matter who swoops in for an acquisition.

Ron Duwell

Ron has been living it up in Japan for the last decade, and he has no intention of leaving this technical wonderland any time soon. When he's not...