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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] The company also offered wireless voice, messaging, and broadband services through its various subsidiaries under the Boost Mobile and Open Mobile ...
Sprint targeting T-Mobile US In December 2013, multiple reports indicated that Sprint Corporation and its parent company, SoftBank, were working towards a deal to acquire a majority stake in T-Mobile US for at least US$20 billion. The proposed merger would have further bolstered T-Mobile's position in the overall market and resulted in the country's major national carriers being controlled by ...
T-Mobile US, Inc. is an American wireless network operator headquartered in Bellevue, Washington. Its largest shareholder is Deutsche Telekom, a German company that operates telecommunications networks in several other countries. T-Mobile is the third-largest wireless carrier in the United States, after Verizon and AT&T, with 31.43% of the market share as of June 13, 2024. [ 6 ]
Sprint is reportedly close to obtaining the $45 billion in financing needed to acquire the long-anticipated 67% stake in T-Mobile from Deutsche Telekom . While Sprint's stock is soaring higher by ...
United States Cellular Corporation (doing business as UScellular and formerly known as U.S. Cellular) is an American mobile network operator. Its stock is publicly traded, but Telephone and Data Systems Inc. owns a controlling stake (83% economic and 96% voting power). The company was formed in 1983 and is headquartered in Chicago, Illinois. UScellular is the fifth-largest wireless carrier in ...
Sprint also acquired fellow prepaid wireless provider Virgin Mobile USA in 2010—both Boost and Virgin Mobile were re-organized into a new group within Sprint, encompassing the two brands and other no-contract phone services offered by the company. [8]
The company started its mobile phone service as a Mobile Virtual Network Operator (MVNO) using the Sprint Nextel network in 2000. It also launched an activist website called Act for Change (now CREDO Action) in that same year.
Ownership Since April 2020, the Assurance Wireless brand has been under the T-Mobile family. [5] This was the result of the merger of Sprint Corporation and T-Mobile US was officially completed, [9] and after Virgin Mobile USA was officially shut down and folded into Boost Mobile.
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