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Sprint Corporation and T-Mobile US merged in 2020 in an all shares deal for $26 billion. The deal was announced on April 29, 2018. [1][2][3] After a two-year-long approval process the merger was closed on April 1, 2020, [4][5][6] with T-Mobile emerging as the surviving brand. The Sprint brand was discontinued by T-Mobile on August 2, 2020.
Sprint Corporation was an American telecommunications company. ... Sprint's acquisition of Nextel was a disaster from a fiscal standpoint in 2008, ...
T-Mobile is the third-largest wireless carrier in the United States, after Verizon and AT&T, with 31.43% of the market share as of June 13, 2024. [6] The company was founded in 1994 by John W. Stanton of the Western Wireless Corporation as VoiceStream Wireless.
The biggest news in the stock market recently is perhaps that a federal judge approved the proposed $85 billion acquisition of media giant Time Warner Inc (NYSE:TWX) by telecom giant AT&T Inc ...
There has been a lot of buzz lately about the idea that Sprint may be looking into acquiring smaller rival T-Mobile . Regulators, however, have been buzzing on the topic themselves, with a lot of ...
MCI, Inc. (formerly WorldCom and MCI WorldCom) was a telecommunications company. For a time, it was the second-largest long-distance telephone company in the United States, after AT&T. WorldCom grew largely by acquiring other telecommunications companies, including MCI Communications in 1998, and filed for bankruptcy in 2002 after an accounting ...
On 6 July 2013, the United States Federal Communications Commission approved SoftBank's acquisition for $22.2 billion for a 78% ownership interest in Sprint. [48] On 6 August 2013, SoftBank bought 2% more shares of Sprint Corporation, increasing its ownership stake to 80%. SoftBank store in Sendai, with decorations for the Tanabata
Craig McCaw. Craig McCaw (born August 11, 1949) is an American businessman and entrepreneur, a pioneer in the cellular phone industry. He is the founder of McCaw Cellular (now part of AT&T Mobility) and Clearwire Corporation (now part of T-Mobile via the Sprint acquisition).