Sprint / T-Mobile Merger (NWIDA)According to an article in MarketWatch (link below) MoffettNathanson analyst analyst Craig Moffett said that he was lowering his odds of a T-Mobile and Sprint merger to “less than a coin toss.”

He called two recent announcements from T-Mobile around pricing and broadband plans in rural markets “Hail Mary” moves that wouldn’t have been made by “a team that was ahead.” Moffett is concerned about recent reports suggesting that state attorneys general could sue in federal court to block the deal approval.

“The fact that the DOJ’s own merger guidelines from 2010 (here) make the case that this deal should be presumptively rejected mean that the states would have to know they would have a good chance of winning in court,”

he wrote. He assigns new odds of deal completion at 33%, down from 50% earlier, though he admits the calculation process wasn’t scientific.

Link to story – Click here

NWIDA members, contact us today if you need our assistance and if you’re not yet a member, we invite you to join today.

Want news like this delivered to your inbox? Click HERE

Recent News

T-Mobile to shut more stores and eliminate more staff

T-Mobile is continuing to reduce its retail footprint as it shifts more customer activity to digital channels and the T-Life app. According to a recently filed WARN notice in Washington State, T-Mobile plans to permanently eliminate 77 by November. The cuts affect employees at its headquarters, retail locations, and remote roles. Positions impacted reportedly range from frontline Read more…

Read More »

Boost and Gen Cut Staff

NWIDA has learned that Gen Mobile and Boost have begun a round of employee layoffs. Boost is re-organizing from 6 regions to 4, eliminating 2 Director level positions and most, if not all, the staff under them. The Gen Mobile layoffs fall under “optimizing” company resources – perhaps combining some jobs that were separate under Gen to Read more…

Read More »

Charlie Ergen Buys Controlling Interest in MobileX

According to an exclusive report in the Wall Street Journal, Charlie Ergen – Chairman of Echostar/Boost has purchased a controlling interest in MobileX via an SPAC – which means MobileX could become a publicly traded company.  The valuation is around $200 million. Other details were not available – but this should certainly make the upcoming All Wireless Read more…

Read More »

Starlink’s Mobile Plan Could Change the Game

SpaceX is exploring a new kind of U.S. mobile network built around Starlink equipment and the spectrum it has acquired from EchoStar. Instead of investing heavily in traditional cell towers, the company is considering smaller cellular units—potentially integrated with existing Starlink satellite dishes. For independent wireless dealers, repair shops, and prepaid retailers, this is worth watching. A Read more…

Read More »

Verizon Sells Corporate Stores to Dealers

Verizon is selling 274 company-owned retail stores and cutting about 500 corporate jobs as part of its current restructuring. About 3,000 jobs are impacted all together, close to 2,500 are retail employees. The stores are being sold to about six different dealers, which will then continue to operate them as authorized Verizon retailers. The changes become effective Read more…

Read More »

The Only Association Built for Independent Wireless Dealers.

Save up to $25,000/year. Start with 2 months for $1.