The Department of Justice on Friday agreed to clear T-Mobile's purchase of Sprint if the company sells some spectrum and wireless assets to Dish Network. Shares of both Sprintand T-Mobile surged on the news. The DOJ and five US states agreed on a settlement with the companies that would require them to divest Sprint's prepaid phone businesses and wireless spectrum to Dish so it can build out a fourth US phone carrier. Visit the Markets Insider homepage for more stories.
The Department of Justice on Friday agreed to clear T-Mobile's purchase of Sprint if the company sells some spectrum and wireless assets to Dish Network. Shares of both Sprintand T-Mobile surged on the news. The DOJ and five US states agreed on a settlement with the companies that would require them to divest Sprint's prepaid phone businesses and wireless spectrum to Dish so it can build out a fourth US phone carrier. Visit the Markets Insider homepage for more stories.
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DOJ approves $26.5B merger between Sprint and T-MobileWhile the merger between the number three and four players in the wireless market effectively reduces competition, the DOJ has demanded that both companies must sell key assets. claireatki Exactly as slickenteur predicted many days ago. Guys you should follow her, she does brilliant market, political analysis. Her articles and threads are amazing. Must read them. claireatki Well, I hope they can cut my bill in half. Lololol 😄 claireatki So what will sprint customers need to do?
Source: NBCNews - 🏆 10. / 86 Read more »
DOJ announces agreement on $26 billion merger between T-Mobile and SprintThe Department of Justice has formally reached an agreement with Sprint and T-Mobile on their merger, but a lawsuit from several state attorneys general remains. Ugh. K. I’m usually not on board with mergers but this merger actually gives someone a choice other the Verizon if they build out infrastructure.
Source: CNBC - 🏆 12. / 72 Read more »
T-Mobile, Sprint Merger Gets DOJ Approval With Sale of Assets to DishCharlie Ergen is poised to get into the wireless phone biz as part of T-Mobile and Sprint’s merger getting the regulatory green light. Ergen’s Dish Network entered into a $5 billion dea… Congrats to TMobile from The Astonishing Tales digital magazine!!!! Congrats and 5G for all!!! 5gforall TMobile
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T-Mobile, Sprint Merger Gets DOJ Approval With Asset Sales to DishDish said it 'will enter the U.S. wireless market as the fourth nationwide facilities-based network competitor” with what it called a 'transformative transaction.'
Source: THR - 🏆 411. / 53 Read more »