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Report: Sprint and T-Mobile have agreed to merger valued at $32 billion
Oh, man. According to reports out of Bloomberg and the WSJ, Sprint is close to reaching an agreement to acquire T-Mobile for a summertime merger. The proposed deal could run SoftBank around $50 billion, leaving T-Mobile parent company Deutsche Telekom with only a 15% stake in the company, while Sprint gains 50% stock (around $40 a share) and 50% cash.
Of course, all of this is subject to regulatory approval but sources close to the matter say they’re planning for a July announcement. Similar to the deal T-Mobile made with AT&T, if it falls through, Sprint could be paying around $1 billion simply for trying.
We’re really trying to weigh out the positives and negatives and we have to say, it’s too early to freak out. How would you guys feel about reports that T-Mobile could be merging with Sprint? Could there possibly be a bright side to all this?
Amazon schedules June 18th event for new smartphone, accidentally shows it in teaser video
After a few good leaks, Amazon could finally be ready to unveil their long rumored “Amazon phone.” Scheduling an event for June 18th, Amazon does give us slight clue as to what will be unveiled, with a few lucky individuals given a preview of the device in a new promo video.
In the video, a lady mentions it “moved” with her which only makes sense in the light of recent leaks that show 4 sensors said to work in tandem with Amazon’s new 3D UI. Apparently the perspective changes according to how you’re looking at it. As we’ve seen with the Amazon Fire TV, expect a mobile version of Amazon’s Fire OS based off of a bastardized version of Android.
Funniest part is unless you’ve been keeping up with all the leaks, the video could look “wrong” if you know what we mean (use your dirty imaginations). Check it out below for a quick chuckle.
Update: Turns out Amazon slipped up. If you pause at a specific point in the video, you actually get a brief glimpse at their new phone. Yup, guess it’s just about confirmed then. Proof pictured below (via Aaron Kasten).
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