With the caveat that antitrust review and clearance from the Federal Communications Commission is required, and by no means certain, SoftBank and Deutsche Telekom apparently have reached agreement on the broad outlines of a Softbank deal to buy the assets of T-Mobile US.
That would merge Sprint with T-Mobile US, the number three and number four national U.S. carriers.
Under the plan, Softbank will buy more than 50 percent of T-Mobile US shares through Sprint, directly from Deutsche Telekom, which owns 67 percent of T-Mobile US. The deal is valued at about $16 billion.
The chances of regulatory approval are highly uncertain at the moment, though. Some might rate the odds of success as high as 70 percent.
Others rate odds of success at about 55 percent. And some think the odds of success are no better than 10 percent.
Monday, July 14, 2014
SoftBank, Deutsche Telekom Reach Fundamental Agreement on T-Mobile US Buy
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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