Sprint Looks To Buy T-Mobile; Plans To Completely Dissolve Company

OVERLAND PARK, Kansas – empire-news-sprint-tmobile-merger-buyout-closing-dissolve-company

Negotiations have begun for Sprint, the third largest wireless company in the US, to purchase T-Mobile, the fourth largest wireless company, from their parent Deutsche Telekom. The merger is reported to be worth approximately $32 billion, with part being paid in cash and part in stock, a typical option for deals of this size.

Assuming that the FCC approves the deal, Sprint has stated that their plans for T-Mobile would be to phase it out completely, while converting their customers into the Sprint family. The T-Mobile network, which runs on the much faster GSM technology would remain intact, with Sprint converting their handsets to take advantage of the higher speeds necessary for such a large subscriber base and congested network. Combined, Sprint and T-Mobile would have nearly 100 million customers.

“We feel very strongly that there is absolutely no need for T-Mobile to continue on as a company once our purchase is cleared.” Said Dan Hesse, chairman of Sprint Corp. US. “They’ve done some great things for the wireless world in the last year or two, but it’s nothing that we can’t continue without them. If this merger happens, it will definitely be the end for T-Mobile.”

The news that T-Mobile could possibly be closing their doors hit hard for many employees in the company, especially low-ranking retail and call center workers, who just went through a similarly stressful situation a few years ago when AT&T was looking to purchase T-Mobile. That merger was denied by FCC regulators, citing laws against creating a monopoly within the industry.

“It’s extremely disheartening, the idea of them shutting us down.” Said Christopher Pike, a call center employee. “I was here when AT&T came strutting through, and tried to pick us up. It was horrible, stressful. No one knew what was going to happen. This is almost worse, because they’ve already told us that we’re going to be out of a job if this buyout is approved.”

Jon Legere, CEO of T-Mobile, doesn’t seem too worried about keeping a job within the company if the buy-out happens. Legere, who has only been with T-Mobile for the last couple of years, has become an outspoken president, known for his profanity-laced speeches calling out AT&T and Verizon for their “shady” practices and their old-school mentality.

“I always talked about AT&T, Verizon – I rarely ever talked any [expletive] about Sprint, because I knew this was going to happen eventually. It’s no surprise to me. You can’t be #4 in the game forever without #3 knocking on your door. Well, the door is open now, and it’s about time I take off this magenta shirt and start thinking about how I’m going to look in yellow.”

With T-Mobile inevitably on the route to the end, many customers who recently switched from Sprint were delighted that they would be able to go back.

“I switched over to T-Mobile when my contract with Sprint ran out. Needed to try something new, ya know?” Said Alex Winter, a long time Sprint subscriber. “They don’t have contracts, sure, but they suckered me into buying a phone for $750, and with monthly payments, it’s going to take 2 damn years to pay off, so it’s basically the same thing. I can’t leave them without paying an arm and a leg to get rid of this phone, and their service is terrible. I can’t wait to get back with Sprint.”

As of this writing, there were no definite terms completed for the possible buyout, with representatives for Sprint and T-Mobile refusing to comment.

 

 

Twitter Launching New Paid Service With 200 Character Limit

SAN FRANSISCO, California – empire-news-twitter-launches-paid-service-twit-pro-extra-characters-new-features

Twitter [NYSE: TWTR] may have finally put an end to the jokes about getting all your thoughts down in 140 characters or less, as this morning they announced their new paid service, dubbed Twit-Pro, which allows users an additional 60 characters per ‘tweet,’ bringing the total to 200.

“We are very excited to be debuting our new paid service, Twit-Pro, to the world.” Said Jack Dorsey, Chairman. “This new Twitter experience should help those micro-bloggers out there who want to say what they’re thinking and feeling, but need more than 140 characters to do it. We think it’s a huge leap forward for the Twittersphere.”

Twit-Pro, which Dorsey said will be fully integrated into existing Twitter apps for all platforms, as well as the Twitter website by the beginning of next month, will allow users the ability to pay a nominal monthly fee in exchange for the extra 60 characters when tweeting. Dorsey did not say how much they would be charging, but he did say they had worked out deals with all major U.S. cell phone carriers to allow users to bill directly to their provider.

Aside from just allowing for extra characters, Twit-Pro is also going to be offering the option of recording and posting videos into the user’s Twitter feed, with recording time up to 45 seconds.

“We wanted to take the best experiences you find on all social media, the most popular apps and websites, and combine them. We will now be allowing users to use more characters and record short video tweets, much like Vine, and embed them directly to all your followers. The days of linking and using other services to post into your Twitter feed are coming to an end. We want everything to be handled right by our own service.”

Other features announced with Twit-Pro are a song and media identifier, so you can instantly tweet the song or TV show you are watching just by letting your phone “listen” to the sounds around you, as well as a check-in feature that will let users mark down places they’ve visited with links to reviews for restaurants, movies, night clubs, or even national parks and resorts.

Twit-Pro is slated to become a live feature in the next Twitter update, scheduled for July 1st on Android, July 7th on the iPhone, and July 13th for Windows OS.

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