Sprint Without T-Mobile? Investors Shudder to Think
Its merger with T-Mobile is crucial for the wireless provider, and five charts show why.
Srpint investors would rather not go it alone.
Photographer: Patrick T. Fallon/BloombergIt’s time for Sprint Corp.’s shareholders to come to terms with the fact that the wireless carrier may end up alone, and to get comfortable with what that might look like. The data show it won’t be pretty.
The U.S. Federal Communications Commission, one of the regulatory bodies scrutinizing Sprint’s sale to T-Mobile US Inc., paused its review last week after the companies delivered a dense packet of additional information making their case for the $59 billion deal. With the FCC already 122 days into a 180-day process, this isn’t a great sign. It’s also a reminder of just how high the stakes are for Sprint’s investors – including Masayoshi Son, the billionaire who controls the company through his SoftBank Group Corp. entity in Japan.