According to a report from The New York Times, Sprint might merge with either T-Mobile USA or perhaps even with Comcast, the largest cable company in the US. Masayoshi Son, who is the founder and CEO of Sprint’s owner SoftBank, is apparently weighing his options with the help of his financial advisors ever since the inauguration of President Donald Trump.
A deal might be made thanks to the Trump administration’s push for lighter regulations and lower taxes. Several of SoftBank’s executives have already spent a day in Washington where they were talking to senior members of Trump’s economic team.
During the Obama administration, US regulators prevented potential mergers between AT&T and T-Mobile as well as Sprint and T-Mobile. A lot of people, including telecom analyst Philip Cusick of JPMorgan Chase, believe that this was a smart move. Cusick said that five years ago Sprint and T-Mobile were small players on the market but are now big enough to drive down prices.
The New York Times |
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