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T-Mobile U.S. traces its roots to the 1994 establishment of VoiceStream Wireless PCS as a subsidiary of Western Wireless Corporation.After its spin off from parent Western Wireless on May 3, 1999, VoiceStream Wireless was purchased by Deutsche Telekom AG in 2001 for $35 billion and renamed T-Mobile USA, Inc., in July 2002.
Sprint Corporation and T-Mobile US merged in 2020 in an all shares deal for $26 billion. The deal was announced on April 29, 2018. [1][2][3] After a two-year-long approval process the merger was closed on April 1, 2020, [4][5][6] with T-Mobile emerging as the surviving brand. The Sprint brand was discontinued by T-Mobile on August 2, 2020.
European Court of Justice. Decided. 2009. Citation (s) (2009) C-8/08. Keywords. Competition, collusion. T-Mobile Netherlands BV v Raad van bestuur van de Nederlandse Mededingingsautoriteit (2009) C-8/08 is an EU competition law case, concerning the requirements for finding that firms have colluded with the "object" of harming competition.
On March 20, 2011, Deutsche Telekom AG accepted a US$39 billion stock and cash purchase offer from AT&T Inc. for T-Mobile USA, Inc. According to an industry analyst, after the introduction of the iPhone in 2007, T-Mobile USA began to lose lucrative contract customers, dropping to 78.3 percent of subscribers in 2010, compared to 85% in 2006.
T-Mobile's $1.35 billion Mint Mobile deal closed in May, giving the company access to more value-conscious phone plan shoppers. The company is also looking to close on deals for fiber-optic plays ...
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The Hupp Motor Car Company factory with a truck and three cars (1911) In 1909, Bobby Hupp co-founded Hupp Motor Car Company, with Charles Hastings, formerly of Oldsmobile, who put up the first US$8,500 toward manufacturing Hupp's car. [2] They were joined by investors J. Walter Drake, Joseph Drake, John Baker, and Edwin Denby.
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