T-Mobile and Sprint get DOJ approval for $26 billion merger deal

T-Mobile and Sprint get DOJ approval for $26 billion merger deal

5 years ago
Anonymous $9jpehmcKty

https://techcrunch.com/2019/07/26/t-mobile-and-sprint-get-doj-approval-for-26-billion-merger-deal/

The U.S. Department of Justice this morning gave the green light to T-Mobile US and Sprint for their proposed $26 billion merger. The deal, which would combine the nation’s third and fourth largest carriers (by subscriber number) has been green lit on the condition that Sprint sell its prepaid assets (including Boost Mobile) to Dish Network.

As part of the deal, some nine million prepaid subscribers will move over to Dish, which will also have access to T-Mobile/Sprint’s network for a period of seven years.