Sprint shares fall 9% on reports of failed T-Mobile merger [TechCrunch Blog]
T-Mobile US, Inc. (TMUS)
Last t-mobile us, inc. earnings: 2/6 04:01 pm
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Source: TechCrunch Blog
Hi! Sprint-owner SoftBank Group may be getting cold feet when it comes to the proposed T-Mobile U.S. merger. Sprint shares fell 9% following a report from the Nikkei that Softbank might be backing off from a potential agreement. T-Mobile shares fell 5%. According to the report, SoftBank is expected to approach Deutsche Telekom, the owner of T-Mobile as soon as Tuesday to discuss ending the merger talks. They had been in the process of finalizing details to merge the U.S.’s third and fourth-largest telecom carriers. (TechCrunch is owned by competing Verizon.) The two had been in negotiations for months. Yet SoftBank’s board was said to have concerns about whether it would retain control after what could have been an all-stock deal in favor of Deutsche Telekom. According to the report, “the German parent had insisted on a controlling stake, according to a source familiar with the situation. Some at SoftBank were initially amenable as long as the Japanese comp
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TMUS
News
- T-Mobile Unveils BIG Moves to Help Small Businesses Grow [Yahoo! Finance]Yahoo! Finance
- T-Mobile Unveils BIG Moves to Help Small Businesses GrowBusiness Wire
- T-Mobile Announces $163 Million in Completed Network Upgrades for Arkansas [Yahoo! Finance]Yahoo! Finance
- T-Mobile Announces $163 Million in Completed Network Upgrades for ArkansasBusiness Wire
- Level Up Mom’s Day with Epic Savings at T-MobileBusiness Wire
TMUS
Earnings
- 1/25/24 - Miss
TMUS
Sec Filings
- 4/23/24 - Form 4
- 4/18/24 - Form 4
- 4/16/24 - Form 4
- TMUS's page on the SEC website