News Formal

T-Mobile completes merger with Sprint

  • 📰 Reuters
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

T-Mobile US Inc said on Wednesday it officially completed the $23 billion merger with Sprint Corp, solidifying its position as the No.3 wireless providers in the United States.

FILE PHOTO: A sign for a T-Mobile store is seen in Manhattan, New York, U.S., April 30, 2018. REUTERS/Shannon Stapleton

The combined company will now operate under the T-Mobile name and will trade on the NASDAQ as “TMUS.” Sprint acknowledged risks in an SEC filing, saying that its internal controls over financial reporting could negatively impact the combined company. The deal closed without a final decision from the California Public Utilities Commission. The CPUC issued a proposed decision in March to approve the merger of T-Mobile and Sprint with conditions and the final decision is slated to come on April 16.Also, on Wednesday, a federal judge in Washington gave court approval to the Justice Department’s decision to approve the merger.

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:

 /  🏆 2. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Break up global corporations

What will the new logo look like? 'SprinT-Mobile'?

More jobs loss, thanks Trump administration.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Legere is out as T-Mobile CEO as Sprint merger officially closesThe T-Mobile-Sprint deal closed today, almost 2 years after the companies announced their intent to merge. We spoke with T-Mobile CEO Mike Sievert, who replaces John Legere effective immediately. 5G!!
Source: CNBC - 🏆 12. / 72 Read more »

T-Mobile And Sprint Complete Merger, Paving Way For A Dish Wireless NetworkT-Mobile US has officially completed a merger with Sprint in a deal that sets up satellite provider Dish to become a new entrant in the wireless space. The combination of the country’s third …
Source: DEADLINE - 🏆 109. / 63 Read more »

T-Mobile And Sprint Complete Merger, Paving Way For A Dish Wireless NetworkT-Mobile US has officially completed a merger with Sprint in a deal that sets up satellite provider Dish to become a new entrant in the wireless space. The combination of the country’s third …
Source: DEADLINE - 🏆 109. / 63 Read more »

Legere is out as T-Mobile CEO as Sprint merger officially closesThe T-Mobile-Sprint deal closed today, almost 2 years after the companies announced their intent to merge. We spoke with T-Mobile CEO Mike Sievert, who replaces John Legere effective immediately. 5G!!
Source: CNBC - 🏆 12. / 72 Read more »