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Industry Focus

CG: Finally! Sprint and T-Mobile Announce $26 Billion Deal

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 1 May 2018

⏱️ 32 minutes

🧾️ Download transcript

Summary

After several false starts and failed negotiations, the No. 3 and 4 wireless carriers officially unveiled their plans to merge over the weekend. The new T-Mobile will be a much stronger challenger to AT&T and Verizon, but the biggest priority right now is to win over regulators.

Transcript

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0:00.0

Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day.

0:07.0

It's Tuesday, May 1st, and I'm your host, Vincent Shen.

0:09.9

As the host of an Investing in Business Focus podcast, I typically have lots of options when it comes

0:14.8

to the topics that we discuss on this show.

0:18.0

It can be quarterly earnings, it can be a deep dive on a specific company, a high-level

0:21.8

discussion on investing best practices and tools.

0:25.1

But over the weekend, the business world served up a story and it's the kind of news that

0:29.6

pretty much demands our attention.

0:31.6

So today we're going to spend some time talking about Sprint and

0:34.3

T-Mobile which have agreed to a 26 billion dollar merger that will put them in the

0:38.5

ring with regulators for the second time in less than a decade.

0:43.0

And joining me today inside the Fool HQ studio

0:46.0

to discuss the deal is Motley Fool Contributor, Dan Kline.

0:49.0

Great to have you back, Dan.

0:50.0

Thanks, Witts.

0:51.0

So we've been talking, I'd say for the past two years, three years, every time we usually

0:56.6

bounce back and forth a list, it's not always obvious what the show should be about.

1:01.2

And I would say almost every one of those has ended unless T-Mobile and Sprint agree to merge.

1:07.0

It's become almost like a running joke in terms of this is going to happen at some point. So it's our backup show. So it's almost nice to just no longer have to think about it.

1:18.0

Yes, to have a deal on the table. It's really nice for that to officially announce something and for something to really

1:23.7

that we can really deep dive on provide a lot of specifics in terms of what the combined

1:28.4

entity will look like some of the financials and some of the arguments that Lageer and his crew essentially make

...

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