Currently, SoftBank has a rather large bid in to purchase Sprint which would give them 70% of the third largest US carrier. There’s a new report from Reuters today that the Japanese carrier now has a backup plan if this deal with Sprint decides to fail. Reuters has three unnamed sources in this matter and its reported that SoftBank is in talks with Deutsche Telekom to purchase their T-Mobile USA division if they can’t close the Sprint deal. It looks like SoftBank wants in to the US one way or another.
Black Friday 2017 Deals: Find Great Deals on Android Smartphones, TV’s, Smart Speakers, Chromebooks and More.
The two companies have been in talks since last year, but those talks have gained momentum when Dish network placed a higher bid in for Sprint after SoftBank’s offer was published. As most of you know, Deutsche Telekom has been trying to sell it’s T-Mobile US company for a long time now. In fact, they almost got rid of it in 2011 when AT&T attempted to purchase them before the FCC and other federal regulators blocked the deal.
While Deutsche Telekom is determined to get out of the US, SoftBank is working hard to get into the US. By buying either the third or fourth largest US carrier. Although, with the T-Mobile/MetroPCS merger, they might be #3 now. It’s going to be interesting to see how all of this plays out here in the US. Dish Network is definitely trying to get into the wireless game, along with SoftBank heading international.
How many of you would be opposed to SoftBank purchasing T-Mobile USA? For me, it would really depend on what happens with T-Mobile. Right now, I have a cheap deal over there with unlimited data, and would hate to lose it. Anyways, let us know your thoughts in the comments down below.