Skip to main content

SoftBank edging closer to T-Mobile acquisition, report says

softbank trump news
Image used with permission by copyright holder

SoftBank is edging closer to acquiring T-Mobile, America’s fourth largest wireless carrier, according to a report Wednesday from reputable Japanese media outlet Nikkei.

To secure the deal, the Tokyo-based telecommunications giant is planning to buy a majority of shares in T-Mobile through Sprint, its recently acquired US subsidiary. The purchase, which SoftBank reportedly wants to have sorted by next spring, is expected to cost the carrier more than $19 billion.

Recommended Videos

SoftBank is said to be in “the final stages of talks” with T-Mobile’s parent company Deutsche Telekom, Nikkei reported, citing sources with knowledge of the matter.

It’s believed the Japanese company has plans to merge T-Mobile with Sprint, a move that would create a US-based carrier with around 100 million subscribers. This would put it just behind the nation’s two largest players, AT&T and Verizon, each of which has around 110 million subscribers.

SoftBank’s increase in handset sales resulting from a T-Mobile deal would likely give it more leverage in negotiating prices with phone manufacturers, Nikkei said in its report.

If the Japanese company manages to acquire T-Mobile, it would make SoftBank the second largest carrier on the planet in terms of revenue from mobile operations. China Mobile, which recently inked a deal with Apple to sell the iPhone through its service, is the current market leader.

Of course, any acquisition would have to be green-lighted by the US Federal Communications Commission and Department of Justice. This is where things could get interesting, as it was both of these bodies that in 2011 scuppered AT&T’s attempt to buy T-Mobile for $39 billion, believing a reduction in the number of carriers would restrict choice and lead to higher prices.

However, according to Nikkei’s report, SoftBank “apparently grew emboldened” by a recent decision from the Department of Justice where it gave the go ahead to the American Airlines-US Airways merger to create the world’s biggest airline. It had originally objected to the merger fearing it could adversely affect competition and lead to higher fares, but changed its mind after concessions were offered by the companies.

Trevor Mogg
Contributing Editor
Not so many moons ago, Trevor moved from one tea-loving island nation that drives on the left (Britain) to another (Japan)…
These ESR Gear mobile accessory deals are Apple-tastic — Save over 50% off
ESR Gear mobile accessory deals -- MagSafe 3-in-1 charger with devices

Shiny new phone? Preparing to get one soon? Congratulations, that's always a great feeling, isn't it? The dopamine hit of the mobile upgrade. But now it's time to start thinking about some smarter more efficient ways to use that device, even if it's not new. That's where mobile accessories come into the equation. From stands to car mounts and portable power packs, they extend the functionality and usability of your favorite and beloved smartphone. Chief among the phone gear options is ESR Gear with its excellent selection of MagSafe accessories. Need an example? Look no further than the ESR 3-in-1 MagSafe Charger with Qi2 wireless charging and CryoBoost cooling technology. It can charge the iPhone 16 and Apple Watch, fast.

But here's the thing: You came here under the guise that there were some great deals to be had, and I don't blame you, so let's get right into those. You can expect to save upwards of 30% off some of ESR Gear's best MagSafe options. They're already discounted, plus there are exclusive coupon codes to get an extra 10% off. All coupon codes are valid until December 25th.

Read more
Score the Apple Watch 10 for only $350 at Walmart today
A person wearing the titanium Apple Watch Series 10.

Titanium Apple Watch Series 10, Milanese Loop band, Reflections watch face Andy Boxall / Digital Trends

Tracking health and fitness can be a real chore, especially when you don’t have any tech to assist you. Fortunately, we’re always on the lookout for smartwatch deals, and we came across this fantastic offer on the Apple Watch 10: For a limited time, when you purchase the Apple Watch 10 (Jet Black with a 42mm band), you’ll pay $350. Usually, this model sells new for $400.

Read more
Like the other ESR Gear deals? Here are some more: Case, screen protector, more
ESR Gear deals -- Aura wallet stand (HaloLock)

As far as mobile phone accessories go, ESR Gear has some incredible deals live for the holidays with great prices on a multi-functional stand, car charger and mount, and MagSafe power bank. But if you're not interested in any of those, don't worry, you won't be left out in the cold. There are more ESR Gear deals to be had, and we're just as excited about these. Like the other deals, some of these mobile accessories are already discounted but you can save an extra 10% on top with an exclusive coupon code. Just be warned, all coupon codes expire December 25th, so don't waste too much time window shopping if you're interested.

 
ESR Armorite screen protector -- $14 $17 20% off
Compatible with iPhone 15, and iPhone 16 models, this hardened screen protector offers the ultimate protection for your device's most valuable asset. It's easy to install, bubble and dust-free and comes with everything you need to attach the protector, including a working tray. It's made of 9H+ glass with 110 pounds of SGS-certified protection and resistance. Each pack comes with three protectors and there is a privacy glass option -- though it's not on sale currently.

Read more