The Broadband Guide
search advanced
 forgot password?

Sprint, T-Mobile file merger request with FCC today

2018-06-18 16:59 by
Tags: ,


The Federal Communications Commission (FCC) has launched the regulatory review for T-Mobile's proposed $26 billion acquisition of Sprint. The two wireless companies announced Sunday (April 29) that they had struck a deal to merge that valued the combined company at $146 billion (including debt).

The new company will be named T-Mobile, and T-Mobile CEO John Legere will serve as chief executive officer. Sprint CEO Marcelo Claure and SoftBank Group Chairman and CEO Masayoshi Son will serve on the board of the new company.

The combined company will have more than 126 million customers, seeing it close in on rivals AT&T with 141 million subscribers, and Verizon with 150 million. The merger could also mean an improvement in overall5G wireless technology, which promises greater, pervasive connectivity and faster speeds, but which involves costly and complicated development efforts.

It is only the latest in a flurry of merger activity, from the approval of the AT&T-Time Warner deal by a federal judge to Comcast's announced play for 21st Century Fox assets.

Read more -here-


  Post your review/comments
News Glossary of Terms FAQs Polls Cool Links SpeedGuide Teams SG Premium Services SG Gear Store
Registry Tweaks Broadband Tools Downloads/Patches Broadband Hardware SG Ports Database Security Default Passwords User Stories
Broadband Routers Wireless Firewalls / VPNs Software Hardware User Reviews
Broadband Security Editorials General User Articles Quick Reference
Broadband Forums General Discussions
Advertising Awards Link to us Server Statistics Helping SG About