The seasons are changing, which means of course that we need to refresh our wireless M&A rumors. You’ll never guess who is talking about a mega-merger this time. Ok, maybe you will.
CNBC is reporting that none other than Sprint and T-Mobile US are doing what everyone already assumed they were doing. Supposedly under consideration now is an all stock deal that would leave T-Mobile US CEO John Legere at the helm.
T-Mobile’s success over the three years since the last attempt at a merger of the two mean that Softbank would probably have to accept a minority position. But of course billionaire Masayoshi Son will be seeking a voice in the company’s direction one way or another.
As for whether regulators who basically vetoed the idea last time would be more amenable this time, the Trump administration will *probably* look more favorable upon the combination. Pending late night tweets from Trump of course.
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