T-Mobile, Sprint announce merger

April 29, 2018

T-Mobile will acquire Sprint in a $26 billion deal, combining the No. 3 and No. 4 wireless carriers in a long-awaited deal.

The combined company will be called T-Mobile and will employ 200,000 people. That’s more than the current headcounts of T-Mobile and Sprint combined.

The deal will still have to be approved by regulators, which has been an obstacle for T-Mobile in the past. Federal regulators blocked an AT&T (NYSE: T) takeover in 2012 and a $32 billion bid from Sprint (NYSE: S) in 2014.

Legere…

Seattle Biz Journal
T-Mobile, Sprint announce merger

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