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On July 26, 2019, the U.S. Department of Justice approved T-Mobile's $26 billion merger with Sprint after the two carriers reached an agreement to sell Boost Mobile, Virgin Mobile (both owned by Sprint), and Sprint's branded prepaid business for $1.4 billion to Dish Network.
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 is bringing Sprint into the family to build the best wireless company. Learn what customers can look forward to and explore our top FAQs.
- The Corporate Side
- A Long and Slow Ride
- The Technology
- Dish Network
- Should We Be Excited?
Is the deal done? As of April 1, 2020, the deal is doneand T-Mobile has completed its purchase of Sprint with John Legere stepping down as CEO to make way for Mike Sievert. Sprint is now officially a T-Mobile company and the two brands are joined under the name "The New T-Mobile" and will trade under the "TMUS" symbol. John Legere was initially pla...
How long until this affects customers? No matter which carrier you use, you're probably not going to notice anything different for quite a while. It's going to take a lot of time and work behind the scenes before the two networks will be able to function as one. In its merger FAQ, T-Mobile says that it's working on ways to make it easy for Sprint c...
Is this all about 5G? It may be more appropriate to say this is about the spectrum. The more devices you have connected and accessing data, the more spectrum you need. T-Mobile approximates it will have more than 400 MHz of spectrum available on average nationwide. Even with the increased efficiency of 5G, to keep download speeds high, as much spec...
How does Dish Network fit in? If everything goes as planned, Dish becomes the new Sprint: the fourth player in U.S. wireless providers. It's a distant fourth, though, as the top three will have well over 100 million subscribers each, have a huge advantage when it comes to spectrum and other assets, and the benefit of an existing customer base. Dish...
Is the world better without Sprint? Indeed, a merger is probably the only way Sprint doesn't go bankrupt. The company has hemorrhaged cash for so long it can't afford to follow its existing LTE roadmap, let alone work on a 5G roadmap that is economically feasible, so the options for the company look pretty bleak. Today, as a Sprint customer, this a...
Apr 29, 2018 · Bellevue, Washington and Overland Park, Kansas – April 1, 2020 – T-Mobile US Inc. (NASDAQ: TMUS) announced today that it has officially completed its merger with Sprint Corporation to create the New T-Mobile, a supercharged Un-carrier that will deliver a transformative 5G network.
Apr 3, 2020 · After nearly two years of waiting to close their $26.5 billion merger, T-Mobile and Sprint have crossed the finish line and completed its quest to combine the third- and fourth-largest national...
People also ask
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Apr 14, 2020 · Robert Reiss: The merger of T-Mobile USA and Sprint last week should transform the U.S. wireless industry. Two of the key players in the history of these companies are John Legere and you.