T-Mobile US Inc’s edged closer to a takeover of Sprint Corp after a federal judge on Tuesday approved the deal, rejecting a claim by a group of states that said the proposed transaction would violate antitrust laws and raise prices. During a two-week trial in December, T-Mobile and Sprint argued the merger will better equip… Read More U.S. judge approves T-Mobile, Sprint merger deal
T-Mobile US Inc won U.S. antitrust approval for its $26 billion takeover of rival Sprint Corp, the Justice Department said Friday, clearing a major hurdle to a deal that merges the nation’s third and fourth largest wireless carriers. The companies have agreed to divest Sprint’s prepaid businesses, including Boost Mobile, to satellite television firm Dish… Read More T-Mobile, Sprint wins U.S. approval for merger
T-Mobile US Inc and Sprint Corp have won backing for their $26 billion merger from two national security reviews on Monday, clearing key hurdles in their tie-up bid. The deal got a nod from the Committee on Foreign Investment (CFIUS) in the United States as well as the Justice Department, Department of Homeland Security, and… Read More Telecom firms T-Mobile and Sprint win security approval for merger
T-Mobile US named Nokia to supply it with $3.5 billion in next-generation 5G network gear, the firms said on Monday, marking the world’s largest 5G deal so far and concrete evidence of a new wireless upgrade cycle taking root. No.3 U.S. mobile carrier T-Mobile, which in April agreed to a merger with Sprint to create… Read More T-Mobile US awards Nokia $3.5billion deal for supply of 5G network equipment
T-Mobile US Inc and Sprint Corp said on Sunday they had agreed to a $26 billion all-stock deal and believed they could win over skeptical regulators because the merger would create thousands of jobs and help the United States beat China to creating the next generation mobile network. The agreement capped four years of on-and-off… Read More T-Mobile to acquire Sprint in $26billion deal
T-Mobile USA Inc agreed on Monday to pay $40 million to resolve a government investigation that found it failed to correct problems with delivering calls in rural areas and inserted false ring tones in hundreds of millions of calls, the Federal Communications Commission said. T-Mobile, a unit of Deutsche Telekom AG, agreed to changes and… Read More T-Mobile set to pay $40million resolution fee for false ring tones on rural calls in U.S.
Sprint Corp has restarted talks to merge with T-Mobile US Inc, people familiar with the matter said on Tuesday, the latest effort to bring together the fourth and third largest U.S. wireless carriers. The combined company would have more than 127 million customers and could create more formidable competition for the No.1 and No.2 wireless… Read More U.S. wireless carriers Sprint and T-Mobile hold merger talks