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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.
Sprint Corporation was an American telecommunications company. Before being acquired by T-Mobile US on April 1, 2020, it was the fourth-largest mobile network operator in the United States, serving 54.3 million customers as of June 30, 2019. [2]
T-Mobile US operates two main brands: T-Mobile and Metro by T-Mobile (acquired in a 2013 reverse takeover of MetroPCS that also led to T-Mobile's listing on the NASDAQ). In 2020, T-Mobile expanded through the acquisition of Sprint , which also made T-Mobile the operator of Assurance Wireless , a service subsidized by the federal Lifeline program .
T-Mobile US Inc's $26 billion acquisition of rival Sprint Corp appeared to win the support of a majority of the Federal Communications Commission on Monday, in a significant step toward the deal's ...
High-octane T-Mobile CEO Mike Sievert is back with more big promises to investors four years after his company's last capital markets day with Wall Street.The company is targeting a compound ...
Four more U.S. states have joined an unusual effort by state attorneys general to stop T-Mobile US Inc's acquisition of Sprint Corp, according to officials. ... 800-290-4726 more ways to reach us ...
Attempted purchase of T-Mobile USA by AT&T. On March 20, 2011, AT&T announced that it would purchase T-Mobile USA. On August 31, 2011, the Antitrust Division of the United States Department of Justice formally announced that it would seek to block the takeover, and filed a lawsuit to such effect in federal court. [1][2] The bid was abandoned by ...
T-Mobile and Sprint's $26.5 billion merger is almost complete. Following months of delays and push back from high-profile authorities, a US district judge has ruled in the companies' favor ...