T-Mobile Posts

T-Mobile US Inc (TMUS) announces Test Drive, unlimited music streaming

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T-Mobile has announced the latest plans for its Uncarrier strategy, which is a series of announcements that are wild and different from other wireless carriers. The strategy was spearheaded by T-Mobile’s eccentric CEO John Legere. Today T-Mobile launched a service called Test Drive, which is a service where users can get an iPhone 5S for seven days to try out T-Mobile’s “data strong” network for a test drive. There is no down-payment or charge required. You simply get the device, try out the network, and return it when you are done.
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Sprint Corporation (S) and T-Mobile US Inc (TMUS) near $32 billion merger

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Sprint Corporation (NYSE:S) and T-Mobile US Inc (NYSE:TMUS) are nearing a deal to merge. Sprint and T-Mobile have talked about merging for years, but the talks postponed over and over due to other deals taking place and antitrust regulation. However, the two companies have settled on a $32 billion deal that is expected to happen this summer, according to sources with The New York Times.

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T-Mobile US Inc (TMUS) parent reportedly wants $1B breakup fee for potential Sprint deal

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The T-Mobile US Inc (NYSE:TMUS) parent company reportedly wants Sprint to agree to a “breakup fee” worth over $1 billion if regulators block a merger between the U.S. carriers. Deutsche Telekom AG owns 67% of T-Mobile and allegedly wants Sprint to keep the T-Mobile brand and some management if it is allowed to acquire the company, according to The Wall Street Journal.

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Sprint Corporation (S) is reportedly preparing T-Mobile bid

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Sprint is talking to banks to put together funding for a bid of smaller rival T-Mobile, according to several reports. Simultaneously, Sprint is working on easing regulatory concerns that the deal would hurt competition. Sprint, owned by Japan-based SoftBank Corporation, is looking to fund T-Mobile’s $50 billion price with corporate bonds and would cover the rest with syndicated loans and convertible bonds. Sprint is talking to JP Morgan, Goldman Sachs, and Deutsche Bank.
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T-Mobile US Inc (TMUS) receives approval from FCC for spectrum purchase

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The Federal Communications Commission (FCC) has approved of a $2.4 billion deal that gives T-Mobile US Inc (NYSE:TMUS) the rights to 700 MHz A block spectrum that is currently unused by Verizon.

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T-Mobile announces new $40 ‘Simple Starter’ plan

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T-Mobile is launching a new $40 “Simple Starter” plan on April 12th. This plan includes unlimited talk and text, but the LTE speed data is limited at 500MB. Unfortunately, this plan does not cover international communication. If you want to text someone that lives outside of the U.S. or utilize unlimited free data roaming, these features are only on the $50 plan and above.
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Sprint temporarily offering to pay up to $650 in ETFs for Framily subscribers

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Sprint has announced a new promotion where it has agreed to pay up to $650 to subscribers who switch from another carrier to one of its new Framily calling plans. This offer is exactly like the early termination fee (ETF) payoff promotion that is offering by T-Mobile, which was launched in January. T-Mobile’s offer is permanent, but Sprint’s ETF payoff expires on May 8.
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BlackBerry and T-Mobile part ways

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BlackBerry, the Canadian smartphone giant, has decided to part ways with T-Mobile at the end of April. The two companies will not be renewing their sales agreement at that time. BlackBerry CEO John Chen said that the strategies between the two companies are not “complementary.” He said that BlackBerry needs to act in the best interest of its customers.
[Source: TechCrunch]