By Economic & Finance Report
It seems that two cell phone providers are seeking to merge in a global partnership. It has been noted that T-Mobile and Sprint are mergering to form a super cell phone network; which will then in place only bring about three top cell phone providers internationally.
The new company will be called T-Mobile. The deal is worth around $26.5 billion and values estimates the alliance to be worth around $150 billion after completion.
The merger can expect tough regulatory hearings on the formation of the partnership, especially by Chairman Ajit’s FCC, and select congressional committees.
Many analysts see the merger approving between 50%-60%, in passing regulatory approval. They also indicate the stakes are higher for Sprint then they are for T-Mobile, for regulatory approval. -SB
By: Economic & Finance Report
It has been speculated that Google pays Apple to keep their search engine on their phones. The sum that they actually pay is presumed around $1 billion dollars. Both Apple and Google have declined to discuss on the rumor, but other sources in Silicon Valley have indicated Google pays a hefty fee, and has in the past several years to keep their search engine on the Iphone.
Business insiders believe both companies benefit having each other on their products, as the advertising revenue produces much advantages for both technology titans. Oracle who is in a nasty court battle with Apple, in court documents filed; indicated that both companies entered private partnerships with each other on ad sharing and keeping their brands on each of their products that are serviced. -SB
By: Economic & Finance Report
Motif Investing has joined an exclusive alliance with J.P. Morgan. The partnership allows J.P. Morgan IPOs to be directly correlated to retail investors. This will be done through the platform contributed by Motif Investing.
Motif Investing is co founded by former Microsoft Mergers & Acquistions head honcho Hardeep Walia. Mr. Walia is also the CEO of the Motif outlet. The partnership comes at a good time in the stock market, as the stock indexes continue to rise hitting enormous highs.-SB
BY: ECONOMIC & FINANCE REPORT
Potential gossip talks, suggest that Samsung is eyeing Blackberry for 7-8 billion dollar buyout. Executives from both sides met last week about this latest mobile technology acquisition.
Executives from Blackberry believe though for the deal to actually go through the # over $7 billion has to be initiated… Blackberry believes the company’s value is way more then the $7 billion dollars offered by any company, and they have turned down many deals within that price range as well.
The deal could come under scrutiny from investors, shareholders, and US regulators alike… Blackberry investors and shareholders deem the deal to be unreasonably too low an offer as indicated, and regulators would deem the deal doomed because Samsung does not have majority control as far as price shares in the company. So there are philosophical differences on all sides.
Though, we do not know all details of such a merger between both companies, and if it would even pan out, Samsung and Blackberry have engaged in a security pact between each other, which originated this past November. The security partnership aligns Blackberry’s security platform with Samsung’s security software…