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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 U.S. traces its roots to the 1994 establishment of VoiceStream Wireless PCS as a subsidiary of Western Wireless Corporation.After its spin off from parent Western Wireless on May 3, 1999, VoiceStream Wireless was purchased by Deutsche Telekom AG in 2001 for $35 billion and renamed T-Mobile USA, Inc., in July 2002.
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]
TracFone Wireless, Inc. (TFWI) is an American wireless service provider.It is a mobile virtual network operator offering prepaid and no-contract services on the Verizon network under multiple brands, including TracFone, Straight Talk Wireless, Total Wireless, Simple Mobile, SafeLink Wireless, Page Plus Cellular, Net10 Wireless, GoSmart Mobile, and Walmart Family Mobile (in partnership with ...
T-Mobile's second quarter showed a telecom business still in growth mode. Total sales rose 4% from the prior year to $16.4 billion. The company notched 1.3 million net customer additions, pushing ...
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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. An official statement was sent to all customers July 14, 2020 stating that ...
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