- (0:30) - Sprint and T-Mobile Merger Fails
- (3:00) - Sprint Announces Partnership With Altice USA
- (6:00) - SoftBank's $100 Billion Tech Fund: SoftBank Vision Fund
- (9:20) - Episode Roundup: Podcast@Zacks.com
On today’s episode of the Tech Talk Tuesday podcast, Ryan McQueeney discusses the failure of Sprint’s attempted merger with T-Mobile and what it might mean for the telecomm industry, as well as the broader tech sector.
Remember to subscribe and leave a rating on iTunes if you enjoy the show!
Over the weekend, we learned that the long-awaited merger between Sprint (NYSE:S) and T-Mobile (NYSE:S) had fallen apart for good. The U.S. wireless industry will remain a four-horse race, and all parties involved will now shift to their backup plans.
For Sprint and its parent company SoftBank (NYSE:S) , that backup plan included teaming up with U.S. cable operator Altice USA (NYSE:S) on a new deal that will see Altice sell mobile plans on Sprint’s network, with Sprint using Altice’s cable infrastructure to transmit cellular data.
But the T-Mobile merger was a major goal for SoftBank and its enigmatic CEO, Masayoshi Son. Where will the Japanese company go from here? Well, it could double down on its tech investments through its SoftBank Vision Fund, which could now be the company’s best bet for establishing a dominant position as we enter the era of interconnectedness.
Make sure to tune into the show to hear more!
As a reminder, if you feel that we missed something, or if you want us to cover a different story, shoot us an email at podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcasts, and remember to subscribe and leave us a rating on iTunes.
As always, thanks for listening to the Zacks Tech Talk Tuesday Podcast; we will see you next time!
Want more stock market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!
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Sprint Corporation (S): Free Stock Analysis Report
T-Mobile US, Inc. (TMUS): Free Stock Analysis Report
Softbank Corp. (SFTBY): Free Stock Analysis Report
Altice USA, Inc. (ATUS): Free Stock Analysis Report
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