Sprint and T-Mobile expected to announce merger details this month

Sprint and T-Mobile expected to announce merger details this month”

This merger will strengthen the position of both parties.

The due diligence has a lot to do with the earnings of Sprint, which is valued less compared to T-Mobile. Bloomberg News has reported that the stocks of Sprint has fallen by two percent on October 5, which means that T-Mobile will have to evaluate if the merger is still actually worth pursuing. Sprint is the fourth largest mobile network operator in the United States and soon going to merge with T-Mobile.

Sprint and T-Mobile also are continuing discussions around non-cash items, such as where the combined entity's headquarters will be located and executive management, according to the report. Both the telecom companies are working together to finalize the deal and an official announcement is expected of the merger by end of the month. According to the reports, there won't be any sort of breakup fee, if the merger does not happen. So neither of the telecom tycoons will face any financial issues in case of failure of the merger.

Two of the top five biggest telecommunication companies in the USA, T-Mobile and Sprint, have been reported to be adding the final touches and embellishments to their merger.

Besides analysts watching the wireless carrier industry in the US, the deal may draw other attention as people watch to see how the Trump administration handles their anti-trust review of the proposed merger. The US has 4 major carriers for quite a time now. People with knowledge of the matter claim that a traditional breakup free will most certainly not be included in the final agreement as to avoid the risk of U.S. regulators rejecting the merger, much like the merger deal between Comcast and Time Warner Cable Inc.

Like this



09 October 2017
Prices at the Pump Continue To Fall
This compares with the national average that has fallen 6.0 cents per gallon in the last week to $2.47 per gallon. If you're hitting the roads this week, you can breathe a sigh of relief at the pumps.

09 October 2017
Mental health staff attacked 'on daily basis'
Numerous staff members who answered the survey say that these problems exist because of understaffing. More than 260 million are living with anxiety disorders.

09 October 2017
Peacekeeper Killed In Attack On DR Congo Military Base
However, independent and United Nations experts say several armed groups as well as national army commanders have been involved.

09 October 2017
Interpublic Group of Companies, (NYSE:IPG) Experiences Lighter than Average Trading Volume
The stock has actually made strong gains in the past year, as the company has gathered a 1.53% return in the past twelve months. A company that manages their assets well will have a high return, while if manages their assets poorly will have a low return.

09 October 2017
Benchmarks Show Apple Doesn't Purposely Slow Down Older iPhones
Futuremark is in exactly the right line of work to set the record straight, and its test results really speak for themselves. As for why searches for "iPhone slow" spikes when new models are released, Futuremark figures it could be psychological.

09 October 2017
Xiaomi Redmi Note 5 featuring 18:9 display Leaks in live images
It is yet to be seen what functionality the dual camera system would bring to the table with regards to Xiaomi's upcoming phone. Later, we also found out that the Redmi Note 5 will also come with a Qualcomm Snapdragon 660 processor and fast charging.

09 October 2017
Las Vegas killer's girlfriend: I concerned about his mental stability
A note with calculations of where to aim to maximise casualties was found in the hotel room of Las Vegas gunman Stephen Paddock. Accused Las Vegas shooter Stephen Paddock, right, is shown with his brother Eric Paddock in a 2002 family photo.

09 October 2017
Arsenal face £18m battle with Inter Milan for MLS star Miguel Almiron
The 23-year-old is predominantly a central attacking midfielder but can function out wide if he is required to deputise. Almiron is now considered to be worth as much as £18m which would represent a big investment for a player from the MLS.

09 October 2017
Facebook Launches Desktop Chat Apps for Work Places
They now know what IM app users want the most and know how to make sure that those features are made available to the users. Specifically, its use requires the creation of a corporate account, and individual logins using corporate email addresses.

09 October 2017
New implant could treat sleep apnea, and it has the FDA's approval
This comprises a small battery pack with thin wires that can be inserted into the blood vessels near the chest area. In contrast, conventional treatments such as medication or bulky equipment reduced the problem by just 11%.