EPISODE · Aug 9, 2017 · 27 MIN
Will Sprint Be Left at the Altar?
from Deal of the Week · host Bloomberg
As The Bachelorette wraps up another season, a mating dance is developing in the telecommunications world. SoftBank is desperate to find a match for Sprint, the fourth-largest U.S. wireless company, of which it owns 84 percent. It has at least two potential suitors in mind: T-Mobile, the No. 3 U.S. wireless company, or Charter, the second-largest U.S. cable company. With T-Mobile, SoftBank founder and CEO Masayoshi Son would probably have to sell majority control of Sprint. Charter, on the other hand, would be a takeover target -- and would come with an enterprise value price tag of $200 billion or more. Will Sprint find a match, or will both partners turn down Son's money-losing asset? Bloomberg reporters Gerry Smith and Scott Moritz give host Alex Sherman their predictions. See omnystudio.com/listener for privacy information.
Embed this episode
NOW PLAYING
Will Sprint Be Left at the Altar?
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.