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Sprint 'Surprised' By Opposition to T-Mobile Acquisition
From the "that's not very surprising" department comes news that Sprint is reconsidering its acquisition of T-Mobile after running into significant opposition at both the Department of Justice and the FCC. According to the Wall Street Journal, Sprint Chairman Masayoshi Son and Chief Executive Dan Hesse "were surprised by the level of opposition and its very public nature." They shouldn't have been; T-Mobile's just starting to do interesting things on pricing, and just two years ago in fighting AT&T's acquisition of T-Mobile Sprint repeatedly proclaimed the market healthiest with four distinct wireless competitors. Should Son push forward anyway, the source says it may take "weeks or more to ponder strategy and perfect their regulatory arguments."

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jseymour
join:2009-12-11
Waterford, MI

2 recommendations

jseymour

Member

Why SoftBank's Sprint Should Not Acquire T-Mobile

If you still needed a reason as to why SoftBank's Sprint should not be allowed to acquire T-Mobile, here you go:
quote:
Sprint Chairman Masayoshi Son and Chief Executive Dan Hesse "were surprised by the level of opposition and its very public nature."

What astonishing cluelessness. Or disingenuousness. Either way: I don't want such as those running the wireless provider I use.

Jim