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Sendai Mebuki Holdings Report as T-Mobile and Sprint Plan Their $26.5 Billion Merger

May 20, 2019

OSAKA, Japan--(BUSINESS WIRE)--May 20, 2019--

Osaka based Asset Management Company Sendai Mebuki Holdings has reported on the recent cooperation between German telecommunications T-Mobile and American telecommunications Sprint Corporation.

To help secure a deal, both companies are planning to issue commitments to the U.S government in regards to its rural-service guarantees, asset sales disclosures, and 5G-network rollout.

Researchers from Sendai Mebuki Holdings noted that announcements could be made as early as this week and have made sure to get the green light for the $26.5 billion merger.

“T-Mobile has commented in the past that they are working on a 5G rollout that will reach over half of all homes across the U.S within just five years; however they have a catch which is only if the Sprint merger is approved.” Commented Michael Fox, Head of Derivatives at Sendai Mebuki Holdings.

T-Mobile has stated that it can provide 9.5 million customers within five years a stable 5G service which would mean its customers could save around $13 billion because of the increased competition; however the company has stated that it comes at the price of a merger with Sprint Corporation.

Analysts from Sendai Mebuki Holdings suggested that the main concerns from the U.S government would be that a three-carrier market would hurt low-income customers, and prefer a less monopolized market space. As a result, both companies were considering the separation or sale of the prepaid business.

“Sprint and T-Mobile combined make up just shy of 50 percent of the market share for telecommunications in America. The takeover would increase Deutsche Telekom being able to challenge its rivals such as AT&T and Verizon mobile.” Added Hugh Russell, who is the Head of Asset Management at Sendai Mebuki Holdings.

Both Deutsche Telekom and Softbank, who own Sprint, increased in share price in its last trading session.

About Sendai Mebuki Holdings - Established in 2004 and situated in Osaka, Japan Sendai Mebuki Holdings has built a respectable reputation within the capital markets industry.

With over a decade of experience, Sendai Mebuki Holdings has delivered millions of financial transactions for its clients with efficiency; today the company possesses over ¥900 billion ($8.25 billion US dollars) of assets under management.

31F Osaka Kokusai Building,
2-3-13 Azuchi-cho, Chuo-ku,
Osaka, Japan.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190520005365/en/

CONTACT: Media Contact

Chi Ho-Jin, Private Equity Analyst,

+81-6-4560-4410

chi.hojin@smhpartners.com,

KEYWORD: UNITED STATES EUROPE ASIA PACIFIC NORTH AMERICA GERMANY JAPAN

INDUSTRY KEYWORD: TECHNOLOGY TELECOMMUNICATIONS MOBILE/WIRELESS

SOURCE: Sendai Mebuki Holdings

Copyright Business Wire 2019.

PUB: 05/20/2019 07:30 AM/DISC: 05/20/2019 07:30 AM

http://www.businesswire.com/news/home/20190520005365/en

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