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National Wireless Independent Dealer Association

Merger Likely to NOT Go Through – Or Is It?

So the other day, we posted an analyst estimation that the Sprint/T-Mobile merger would NOT go through (you read that, right? You read all our posts? Well, in case you missed it, it’s here.)

Anyway, today we give you an article titled Judge’s Approval of T-Mobile-Sprint Merger Is Likely from Fortune magazine (link below.)

This article believes, based on the testimony from those, including Marcelo Claure, John Legere, and Charlie Ergen, concluded that the carriers had swayed the judge to approve the deal.

Our optimism continues to grow about T-Mobile’s ability to prevail

analyst Walt Piecyk at Lightshed Partners wrote in a report after he attended the trial and watched all of the testimony.

If T-Mobile prevails and the States are unable to obtain a stay while they appeal, we expect the companies to close the transaction.

One key factor was the testimony of Ergen.  Piecyk wrote:

Many investors believe that the case hinges on Charlie Ergen’s ability to establish himself and Dish as a viable and credible fourth wireless competitor.  We believe he did that…under cross examination.

Read the entire article here.

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