Sprint And SoftBank Rethink T-Mobile Bid [Report]

Sprint And SoftBank Rethink T Mobile Bid [Report]

There is a lot of speculation surrounding the T-Mobile Sprint merger. The latter is yet to make an official bid for Magenta, even though it has been rumored that there’s over $40 billion available in financing should a deal be made. Apparently Sprint and its parent company Softbank are currently rethinking about going down this road, because apparently they have been shocked by ”the level of opposition and its public nature.”

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    T-Mobile Wins Lawsuit Against AT&T’s Aio Wireless

    T Mobile Wins Lawsuit Against AT&Ts Aio WirelessWhile Magenta might not be T-Mobile’s official name, it is what the carrier is referred to at times, just like how some people still refer to AT&T as Ma Bell, and how Verizon is also sometimes known as Big Red. That being said, magenta is also the color used by T-Mobile in their logo and unsurprisingly they weren’t too pleased when they discovered that AT&T’s Aio Wireless used the same color as them, which ultimately led to a lawsuit. Naturally AT&T claims that they did not use the magenta color, but we guess their argument is invalid as the courts have ruled in T-Mobile’s favor.

    According to a statement that T-Mobile released upon learning about their win, “The court agreed with us that Aio can’t continue infringing T-Mobile’s magenta mark by using large blocks of what it has called “plum,” and told Aio to stop using magenta or similar colors in all of its marketing and advertising, including stores, web sites and social media.” This was also followed up by a rather spiteful tweet by T-Mobile’s CEO, John Legere, who wrote, “Young bullies steal lunch money, old bullies steal brand colors, right #Randall? Too bad we fight for our brand color”. What do you guys think? Are the colors any cause for concern of mistaken identity?

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    Sprint T-Mobile Merger To Be Discussed With FCC

    Sprint T Mobile Merger To Be Discussed With FCC

    Ever since it was first rumored that Sprint is interested in buying T-Mobile, there has been a lot of speculation about the response of regulatory authorities over the Sprint T-Mobile merger. This isn’t the first time that Magenta has attracted a buyer, back in 2011 it agreed to sell itself to AT&T for $39 billion, but the deal was blocked by regulators. Analysts are of the view that similar issues might plague a similar deal this time around as well, which is presumably why Sprint higher-ups are meeting with regulators to see where they lean prior to making an official buyout bid for T-Mobile U.S.

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    T-Mobile Moto X Android 4.4.2 Update Might Not Be Far Off

    T Mobile Moto X Android 4.4.2 Update Might Not Be Far Off

    Only recently we reported that a Sprint subscriber had received the Moto X Android 4.4.2 update even though the carrier is yet to publicly roll out said firmware. Moto X users in the U.S. are anxiously waiting on their carriers to roll out the latest iteration of KitKat, but so far there’s no official word as to when said firmware is going to be released. It appears that T-Mobile might be gearing up to do so in the near future, as the carrier has started reaching out to people, inviting them to take part in a “soak test” for an upcoming firmware update.

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    93 Percent Of AT&T Phone Sales Last Quarter Were Smartphones

    AT&T Tower

    AT&T has competing in a tough market, though it appears to be holding its ground. The company has announced earnings for the fourth quarter ending December 31, 2013. Revenue of the wireless division surged 16.8 percent year-over-year to $33.8 billion, translating into net earnings of 53 cents per share, beating analysts’ estimates of 50 cents per share. Over 1.2 million postpaid smartphone customers jumped on the carrier last quarter, thus accounting for 93 percent of AT&T phone sales in 4Q 2013. AT&T also soid over 440,000 cellular enabled tablets between October and December 2013.

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    T-Mobile Sprint Merger: Magenta CEO Seems To Be Warming Up

    johnlegere

    There has been much speculation about an imminent T-Mobile Sprint merger ever since it was first rumored that Sprint’s parent company, Softbank, was interested in acquiring the fourth largest U.S. carrier. Earlier this month, T-Mobile CEO John Legere gave off the vibe that the carrier was not interested in being taken over, saying that there was more potential for T-Mobile as an independent player. Last week it was rumored that Softbank has now entered in direct talks with Deutsche Telekom, which owns a controlling stake in T-Mobile U.S., and Legere now seems to be warming up to the idea of a merger.

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