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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. 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. [3]
On April 21, 2020, T-Mobile launched the T-Mobile branded 2.5 GHz as Ultra-Capacity 5G with the spectrum it acquired in the Sprint merger in Philadelphia. In October 2023, the company announced that their Ultra-Capacity 5G (including PCS, 2.5 GHz and 24/28/39 GHz) currently covers over 300 million pops, by providing an average speed of 400 MB/s ...
A T-Mobile and Sprint merger would eliminate competition between the two carriers that have been the dominant players in selling network access to wireless companies that often serve pre-paid or ...
The Justice Department approved a merger of T-Mobile and Sprint, the nation’s No. 3 and No. 4 wireless providers, respectively, behind Verizon Communications Inc. (NYSE: VZ) and AT&T Inc. (NYSE: T).
T-Mobile and Sprint's merger plans are one big step closer to completion after a federal judge ruled in favor of the merger.
The Rural Cellular Association (RCA), a trade group representing roughly 100 mobile carriers located in rural areas, expressed its opposition to the proposed merger between AT&T and T-Mobile, saying that the merger would stifle competition, harm innovation, and lead to higher prices. Sprint Nextel also announced its opposition to the merger ...
An attorney for the state attorneys general who filed a lawsuit in hopes of stopping T-Mobile's $26 billion merger with Sprint told the judge on Monday that an Oct. 7 trial may not be possible.
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