Tag Archives: Sprint

15 States +DC Sue To Block T-Mobile/Sprint Merger

Reuters reports: Oregon has joined a multistate lawsuit to block the merger of U.S. wireless carriers T-Mobile and Sprint, the New York attorney general’s office, which is leading the lawsuit along with California, said on Monday. Fifteen states and the District of Columbia are now seeking to stop the merger, which the states argue is anticompetitive and will cost their …

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Sprint/T-Mobile Merger Gets Final Approval From DOJ

The Verge reports: The United States Justice Department has approved the $26 billion merger deal between T-Mobile and Sprint. After over a year in regulatory limbo, the merger received the green light from the last federal agency to hold out, with the Federal Communications Commission already signaling that it will approve the deal. The Justice Department finally approved the deal …

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Sprint And T-Mobile Finalize Merger Agreement

The Wall Street Journal reports: The boards of Sprint and T-Mobile have agreed to an all-stock merger that, if allowed by antitrust enforcers, would leave the U.S. wireless market dominated by three national players. It is the third time in recent years that the two rivals have attempted the combination. New technology, stiff competition from wireless rivals and an aging …

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T-Mobile/Sprint Merger Deal Falls Apart

Reuters reports: Sprint Corp and T-Mobile US Inc said over the weekend they have called off merger talks to create a stronger U.S. wireless company to rival market leaders, leaving No. 4 provider Sprint to engineer a turnaround on its own. The announcement marks the latest failed attempt to combine the third- and fourth-largest U.S. wireless carriers, as Sprint parent …

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T-Mobile/Sprint Merger Nearly A Done Deal

Reuters reports: T-Mobile US Inc is close to agreeing tentative terms on a deal to merge with Sprint Corp, people familiar with the matter said on Friday, a major breakthrough in efforts to merge the third and fourth largest U.S. wireless carriers. The transaction would significantly consolidate the U.S. telecommunications market and represent the first transformative U.S. merger with significant …

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LIES UPON LIES UPON LIES: Trump Takes Credit For 5000 Sprint Jobs Which Were Announced Back In April

Salon reports: Donald Trump is taking credit for a jobs deal that he objectively had nothing to do with. The president-elect bragged on Wednesday about brokering a deal in which Sprint will bring 5,000 jobs to the United States and another company, OneWeb, will bring 3,000 jobs into this country. This is consistent with a theme that Trump has been …

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