T-Mobile and Sprint finally complete merger | Malay Mail

📆 2020/04/03 08:04:00
📰 malaymail

⏱ Reading Time:
18 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 86%

South Africa News News

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

SAN FRANCISCO, April 2 — US telecoms operators T-Mobile and Sprint finally merged yesterday, the companies said, bringing an end to two years of negotiations as the pair aimed to create a giant capable of competing with the sector’s leading players. The combined firm will have more than 100...

Smartphones with the logos of T-Mobile and Sprint are seen in this illustration taken September 19, 2017. — Reuters pic

The combined firm will have more than 100 million customers, claiming the scale to compete with larger wireless rivals Verizon and AT&T. The final amount of the transaction was not released, but T-Mobile — a subsidiary of Deutsche Telekom — proposed US$26 billion in April 2018 to buy Sprint, which is controlled by Japanese giant SoftBank.

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:

Write Comment

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