T-Mobile US is reportedly in early merger talks with Dish Network
T-Mobile US could be trying once again to merge with another large company. A new report from The Wall Street Journal claims that talks have begun with the satellite TV company Dish Network. The story's sources claim that if a merger is approved, Dish Network's CEO Charlie Ergen would be the chairman of the combined company, with T-Mobile CEO John Legere getting the same title for the merged corporation. It added:
Dish has been amassing wireless spectrum through private sales and spectrum auctions — even going so far as to get FCC approval to make a network — but at this point doesn't actually have a wireless network to put that spectrum to use with. The satellite TV provider also previously attempted to buy Sprint before SoftBank ultimately purchased the carrier.
This certainly isn't the first time that T-Mobile has been associated with a merger or acquisition either, with the most memorable up to this point being the attempted buyout by AT&T in 2011. In 2014, Sprint halted talks of a merger with T-Mobile during its own sale to SoftBank, while French telecom Iliad tried and failed to acquire T-Mobile as well due to a lack of funding.
Windows Central Newsletter
Get the best of Windows Central in your inbox, every day!
Their owner, Deutsche Telekom, has been trying to sell them for years. Posted via the Windows Central App for Android
Example: Sprint offers a plan called Unlimited My Way ( contract plan $80/ month unlmtd data). The plan was upgrade eligible every 20 months. Pending the discounted phone (which can vary from $0-$200, so let's assume an average of $100), that means $80x20months=$1600+$100(device cost)= $1700 TOTAL and the process begins anew. In the meantime, T-Mobile is $80/mon unlmtd, and...HTC One M8 was $680, and pay it now or in installments, the cost is the same. That means $80x24months=$2020+$680(device cost)=$2700 TOTAL.
As a matter of fact, canceling early while on contract is also cheaper, maxing at an average of $350 exit costs no matter the device, while on payments it can be up to $950 (i.e. IPhone 6+ 128gb).
The ONLY time contracts were inferior is when purchasing budget/entry smartphones. And folks wanting the "next big thing" every year vs. every 2 years. The
Contracts were too consumer-friendly, prompting carriers to move away from that model and offer incentives to customers, doing away with contracts little by little, until the day comes when they can pull the plug on contracts like T-mobile did (dangerously genius tactic by Legere, unfortunately).