T-Mobile
T-Mobile Will Not Be Merging With Sprint
Bellevue-based T-Mobile and Kansas-based Sprint will not be merging, after all.
The much-discussed potential merger between T-Mobile and Sprint has officially been called off. Bellevue-based T-Mobile issued a statement on Saturday saying the companies were unable to find mutually agreeable terms. Shares for both companies are down significantly this morning, with Kansas-based Sprint opening down more than 13 percent, and T-Mobile opening down five percent. After…
T-Mobile Reports Strong 3Q Earnings, Stokes Rumors on Sprint Merger
CEO John Legere didn't take the typical questions after the Bellevue company's new earnings report, but did talk about T-Mobile's big third quarter in a new video.
T-Mobile posted strong numbers in new earnings report, but company executives skipped the usual post-report call, stoking rumors that the company is headed toward a deal with Sprint. Bellevue-based T-Mobile reported its third quarters earnings today, highlighted by 1.3 million total net additions, service revenues increasing 7 percent to $7.6 billion, and a 50 percent…