T-Mobile
wants to pay less than $40 billion for Sprint now that its proposed
acquisition has fully completed its regulatory hurdles. Analysts say the
price may go down some, but not a lot. The merger between the third and
fourth largest U.S. wireless carriers was agreed to in April 2018, but
couldn’t close after several states challenged it in court on antitrust
grounds. A federal judge gave the companies the green light Tuesday to
complete the deal, Inside Towers reported.
T-Mobile hopes it will close by April 1. Before then, T-Mobile parent,
Deutsche Telekom AG, plans to ask Sprint's majority owner, Japan's
SoftBank Group, to agree to a lower price, reported Reuters. Deutsche
Telekom AG will argue Sprint's financial position has deteriorated in
the two years since the original merger deal was made. Continue Reading
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