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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 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 ...
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 .
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 ...
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 ...
David Paul Morris/Bloomberg via Getty Images By Paritosh Bansal NEW YORK -- Sprint (S) has agreed to pay about $40 a share to buy T-Mobile US (TMUS), a person familiar with the matter told Reuters ...