According to a new, detailed analysis from New Street Research, Sprint and T-Mobile US need to merge in order to effectively compete against AT&T Mobility and Verizon Wireless, because one of the companies will ultimately fail if they are not able to merge. However, New Street Research said that, if Sprint and T-Mobile attempted a merger today, regulators at the FCC and Department of Justice would move to prevent the transaction.
SAN ANTONIO, Texas--SoftBank CEO Masayoshi Son issued a call to the small and rural carriers here at the Competitive Carriers Association trade show: "We need to fight back," Son proclaimed during a keynote presentation outlining Sprint's new efforts with the CCA and the NetAmerica Alliance to increase Sprint's LTE footprint.
AT&T Mobility CEO Ralph de la Vega waded into the fraught debate over whether Netflix should be forced to pay to interconnect its video traffic to subscribers. Speaking at the Rutberg Global Summit, de la Vega said that video is driving exponential traffic growth. "We have to provide additional capacity," he said. "The only question is who pays for that addition?"
Sprint is cutting at least 1,400 jobs across the country, and perhaps more, as it closes call centers, trims jobs related to refurbishing phones and shuts down underperforming retail stores.
AT&T CFO John Stephens said it would "surprising" for federal regulators to approve a deal for Sprint to merge with T-Mobile US so soon after they quashed AT&T's bid to buy T-Mobile.
We're not in a price war right now, despite multiple competitive changes in pricing plans over the last few months. So if we're not in a price war, what would one actually look like?
WASHINGTON—SoftBank CEO Masayoshi Son said he aims to deliver wireless downlink speeds of 200 Mbps and lower prices to U.S. consumers via Sprint to inject more competition in the wired and wireless broadband market. Son made the pitch shortly after saying in an interview that he would like to combine Sprint with T-Mobile US to ignite a "massive price war" in the U.S. market, though he said no firm deal has been struck.
SoftBank CEO Masayoshi Son explicitly called for a deal between SoftBank-owned Sprint and T-Mobile US in a TV interview, and said combining the No. 3 and 4 wireless carriers would ignite a "massive price war" and more competition in the U.S. market.
Sprint's management and the wider company is in line with the thinking of its hard-charging chairman, SoftBank CEO Masayoshi Son--contrary to a recent report of friction between Son and some Sprint executives, according to Sprint CFO Joe Euteneuer.
SoftBank CEO Masayoshi Son will not directly call for a merger between SoftBank-owned Sprint and T-Mobile US in a speech in Washington on Tuesday, according to a Bloomberg report.