Wednesday, March 12, 2014

Is it Time to Switch to T-Mobile? If Softbank Buys Them Out a "Price War" Will Be Launched

I like the idea of a billionaire with a huge Japanese company buying a US company and then fighting for my business.

SoftBank Corp. President Masayoshi Son will start a "massive price war" if U.S. regulators allow his company to purchase T-Mobile US Inc., he said in an interview with PBS's Charlie Rose. 

The billionaire, who bought control of Sprint Corp. last year, said combining the third- and fourth-largest U.S. mobile-phone carriers would give him enough scale to compete against larger operators AT&T Inc. (T) and Verizon Communications Inc. 

Sounds like the kind of changes that will benefit consumers in the short term. They are already buying out contracts so switching to them will hopefully be pain-free.

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