Inside sources state the combined company of Sprint and TMobile SoftBank USA, would keep the sprint framily structure but would start with a $60 flat taxes and fees included plan offering unlimited talk unlimited text unlimited data (no caps) and 5gb hotspot. Also includes international data roaming and free texts in over 100 countries.
Sorry guys things are crazy here at Madison Square Garden but I just got this email and wanted to get this out.
I’ll revise the story when I get back to the hotel tonight.
Under the framily structure with 8 or more in your framily it will be as low as $25 unlimited not the current 1gb.
Truly amazing for customers. More coming soon.
live at MSG NYC
Posted from the LG G3
It’s been a few crazy hours here in NYC. For those that don’t know my day job happens to be in the NHL So you can imagine with the Stanley Cup going on things have been crazy. That doesn’t mean I will neglect TK Tech News. So I’ve left the above post as I wrote it from Madison Square Garden.
Ok so let’s get into some clarification.
On twitter I stated you would need 10 in a framily for the lowest discount. That number is actually 8 and can have up to 10 as it is now.
At 8 the plan would drop to $25 for totally unlimited.
Also concerning the name. And I quote “If we see opposition to the name change of SoftBank USA , the company is prepared to move forward as Sprint in magenta coloring”
Also quote “The board feels if needed the sprint name being an American born company would be easier to keep its namesake then the German counterpart”
Also quote “If this acquisition goes through SoftBank USA will introduce the lowest cost plans the industry has ever seen”
As far as financials go, it looks like the 32 billion number the WSJ reported is correct with 4 billion in cash to DT outside of a buyout. Brining that number to 36 billion. On paper 32.
As for the prepaid siblings. And I asked about MVNO carriers.
Current MVNO partners contracts would be honored, but networks may have to change.
Boost virgin and metro pcs would still be rolled into the parent company as the entire structure would be no contract, and no more 2yr agreements, either full retail for a device or finance the device over a term.
Most of the tmobile branding and plans such as jump would stay with the name changing.
The biggest news is that SoftBank is prepared to have sprint scrap it’s CDMA network completely.
Being sprint was about to launch VOLTE this shouldn’t be that big an issue.
The biggest things that is discussed from our source is the increased coverage. While sprint and tmobiles maps look similar, sprint has several roaming agreements, and quote “the combined company would aggressively acquire more roaming agreements to fill in coverage gaps and a serious several billion dollar investment into land purchases and tower advancement”
I have a lot more to read through what I was given this evening. But that’s about the gist of what I reported on during the game.
Thanks to everyone having patience with me during the Stanley Cup.
If all goes well and LA wins game four I can retire and devote my full attention and resources to TK Tech News.
I’ll go over the rest of what we have here and if there is anything relevant I will update via here and twitter.