Sprint Chairman Vows ‘Price War’ If T-Mobile Deal Allowed
March 12, 2014
SoftBank President Masayoshi Son said he’ll start a “massive price war” in the US if regulators let his Sprint purchase T-Mobile US.
The billionaire, who bought control of the third-largest wireless carrier in 2013, said combining with fourth-ranked T-Mobile would give him scale to compete against AT&T and Verizon Communications. Those operators collect most of the US mobile industry’s cash flow and don’t face “real competition,” Son said in an interview with PBS’s Charlie Rose.
[March 11]
Sprint Chairman Vows ‘Price War’ If T-Mobile Deal Allowed Sprint owner vows “massive price war” if it can buy T-Mobile (ars technica) Sprint’s new chairman: Give us T-Mobile and we’ll give you competition (GigaOm) Sprint chairman: buying T-Mobile would allow a 'real fight' with AT&T, Verizon (The Verge) Sprint wants T-Mobile, but don't count on it (CNNMoney)