the $26 billion merger between T-Mobile and Sprint, shares of both companies have already surged by 12% and 77%, respectively—with more upside still to come after the merger is finalized and the newly combined company begins to transition to 5G, according to one expert.to take over Sprint—putting the company on par with major network operators Verizon and AT&T, after defeating a lawsuit from state attorneys general which claimed the deal would hurt consumers by eliminating competition.
He points out that Sprint shares are still trading at a 10% discount to the overall value of the deal, which “presents an opportunity” for further upside in the stock as the merger gets finalized in the next couple of months.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
I love Sprint
So does this mean my plan will get more expensive?
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sprint's stock soars more than 70% after judge approves T-Mobile mergerThe $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. Can you hear me now? Yay! Less competition.
Source: CNN - 🏆 4. / 95 Read more »
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.
Source: WSJ - 🏆 98. / 63 Read more »
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...
Source: Reuters - 🏆 2. / 97 Read more »
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.
Source: Reuters - 🏆 2. / 97 Read more »