T-Mobile CEO Philip Humm Discusses Sprint Buyout Rumors
It’s not unusual for large corporations to respond to certain rumors involving sales/acquisitions/buyouts especially those that have been ongoing for some time. We just received this letter written by Philip Humm, T-Mobile CEO in response to the ongoing rumors that once again surfaced. As expected, it’s a non-denial response that in our estimation leaves open any and all options for the company to pursue. There is nothing here that I can read as a denial regarding the Sprint rumors and given the line “…DT will always explore options for maximizing the value of its portfolio and profits,” I almost read that as a “yes, we’ve spoken to Sprint.”
For now, we’ll continue to watch this story closely as most of the tech blog world will and hope that while T-Mobile and Sprint may be speaking, they can’t come to terms. We wish the very best for T-Mobile and while there is an argument that can be made for a long term merger with Sprint, we simply don’t want it to happen. Still, what’s in the best interest of T-Mobile is in the best interest of those who love her, so we’ll watch on the sidelines now and wait.