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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.
T-Mobile's results. Admittedly, given the size of T-Mobile, it is not posting the numbers that might have made it a growth stock in the past. For the first half of the year, revenue of $39 billion ...
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 ] The company was founded in 1994 by John W. Stanton of the Western Wireless Corporation as VoiceStream Wireless.
September 19, 2024 at 1:50 PM. High-octane T-Mobile (TMUS) CEO Mike Sievert is back with more big promises to investors four years after his company's last capital markets day with Wall Street ...
Rich Smith, The Motley Fool. July 31, 2024 at 12:58 PM. T-Mobile US (NASDAQ: TMUS) stock gained 3.1% through 10:35 a.m. ET after the company reported beats on both top and bottom lines Wednesday ...
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. [2]
T Total Return Level data by YCharts. Not surprisingly, those gains have come at a premium. Amid AT&T's struggles, it sells at a price-to-earnings (P/E) ratio of 9, compared with T-Mobile's 22 ...
On March 20, 2011, AT&T and Deutsche Telekom announced that AT&T had agreed to acquire T-Mobile USA from Deutsche Telekom in a deal estimated to be worth $39 billion in cash and stock. AT&T said the deal was expected to close in 12 months and was subject to regulatory approval.
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