Sprint's stock soars more than 70% after judge approves T-Mobile merger

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The $26 billion merger between T-Mobile and Sprint has been approved, ending a years-long attempt to combine the United States' third- and fourth-largest wireless carriers.

A federal judge ruled Tuesday in favor of the marriage allowing the two telecom giants to combine. US District Court Judge Victor Marrero said in his ruling that he didn't envision the companies"would pursue anticompetitive behavior" and rejected the lawsuit brought on by a dozen US states. The judge said that Sprint on its own couldn't"continue operating as a strong nationwide competitor.

They said an additional 12,000 jobs will be created to staff 600 new stores and five new"customer experience centers."The merger could be finalized in early April. A new website has been started to promote the combined companies at NewTMobile.com.To alleviate antitrust concerns, Sprint and T-Mobile have proposed a deal with Dish Network , which would buy some wireless assets from the companies to create a new nationwide carrier.

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I just got SIM swapped on T-mobile and they are not doing anything about it! Unauthorized SIM SWAP! “No Service”.

Does this mean my sprint sprintcare service will improve from mediocrity to better?

0Lll

I was just thinking of leaving sprint for T-mobile seems I won’t be moving anymore since they will be moving me soon

🤞 🌞

Who did the judge tell. How many people knew to buy tbis stock. We need an investigation. Sounds like insider trading to me.

Ugh. Well so much for no monopolies.

Bye bye to affordable prices

Lady Chatterley I presume. 😍

Meanwhile it took 2 oil companies like 6 months to merge. Makes you wonder wtf was the holdup?

Two mediocre cell companies merge, yay!! Service will still suck.

Great

I'm with Sprint now, thinking I'd go back to T-Mobile. So do I just stay where I am, or check into Verizon or AT&T? 🤷🏿

monopolies-nothing good about them

yes because America really needs more mergers 🙄

Verizon updates click link below

Yeah I'm sure they will have lower prices 🙄

la_Imaginable

I don't like Telecom mobile

I just hope I get better signal from sprint...

dollars wireless

Is the final company going to be called Tint with the colors merging into an awful shade of brown?

Japan has a growing number of Corona infections. The Japanese government is worried about the Tokyo Olympics as a late countermeasure. Oh, I have to cancel the Tokyo Olympics. 谢谢。~

Of course! Tmobile CEO rocks!!!!

We have too many monopolies in this country. Stop giving total market control to one company!!!

So all that money T-Mobile spent at Trump’s Hotel paid off well. Good to know .....

And they’ll still suck

They both have 🗑 service so it doesn’t matter.... 🤷🏽‍♂️

and JohnLegere ... What does this mean for current TMO customers?

TMobile Great. Less choice among cell carriers.

Florida voter registration van? Antifa attacks? cnn I'm gonna keep commenting until you report it.

Government doing a great job preventing monopolies.

i thought monopolies were against laws.

Verizon expensive ass looking better and better. Sprint already screws up enough as it is.

Broke ass carriers

Does this mean there’s not going to be more competition which we are not getting good companies deals ?

Are we not concerned about T-mobile possibly becoming a monopoly 🥴

Sprint TMobile merger

So begins the Oligarchy.

I just hope Sprint has better coverage around the DFW Metroplex!

This is terrible news... i left sprint to come to Tmobile for a reason ... now I'm beong punked back to them🤦🏾‍♀️

Y'all need to investigate this school systems ark corrupted

Gee, I wonder if this had anything to do with it.

Been with Verizon for 15 years, maybe it’s time to switch I never get any decent offers anymore. 🤷‍♀️🤷‍♀️

Bad for the consumer. All while the feds blocked a deal with a chick and Harry’s razors. Ask yourself which hurts consumers more. Who is getting paid?

The stock was up 64% in premarket trading.

Judge approves $26 billion merger of T- mobile and Sprint .

Yay! Less competition.

The stock was up 75% Tuesday morning.

Can you hear me now?

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WSJ News Exclusive | U.S. District Judge Expected to Rule in Favor of Sprint-T-Mobile MergerBreaking: A judge is expected to rule in favor of T-Mobile and Sprint in the antitrust fight over their proposed merger, people familiar with the matter say Did a clerk leak lol? Gross. This will expose US communication to China and its alliance South Korea espionage risk.
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U.S. district judge expected to rule in favor of Sprint-T-Mobile merger: WSJA U.S. district judge is expected to rule in favor of Sprint and T-Mobile merger...
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U.S. judge expected to rule in favor of merger of Sprint, T-Mobile: sourcesA U.S. district judge is expected to rule in favor of allowing Sprint and T-Mobi... the takeover Nervous abt this! Everything has been going well with my T Mobile relationship. Bracing for changes. One of them needs the other for somethin'. Thank goodness, Sprint customer service sucks and T-Mobile coverage sucks. I hope this becomes a fabulous thing, best of both worlds.
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U.S. judge expected to rule in favor of Sprint, T-Mobile merger: sourcesA U.S. district judge is expected to rule in favor of allowing Sprint and T-Mobi... Ifb How may I acquire majority stockholdings in Huawei Technologies Company Ltd please? I am an expert global telecommunications market analyst and have an aunt on the USITC. I trust my aunty, and she gave me a hot tip. May I acquire a waiver of insider trading rules from SEC please? Awful
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WSJ News Exclusive | Federal Judge Expected to Clear Way for T-Mobile and Sprint MergerA federal judge is expected to approve T-Mobile US’s merger with Sprint, according to people familiar with the matter, clearing the way for the two wireless rivals to combine and overcoming a state antitrust challenge. The states that claim to be protecting consumers from higher phone bills are the same ones who gladly take measures that result in higher energy bills. Higher prices ahead? Telecom cos shouldn't be merging or making money until they clean up their tech. I've never seen an industry that makes so much money selling crap. Hackable phones, dangerous apps, technology that works when it's close enough to a tower. What a racket.
Source: WSJ - 🏆 98. / 63 Read more »