(Being a happy and long-time T-M customer/user, I have fairly mixed feelings about this. --rick)
April 29, 2018 / 12:16 PM / Updated 7 minutes ago T-Mobile agrees to acquire Sprint Reuters Staff (Reuters) - T-Mobile US Inc (TMUS.O) agreed on Sunday to acquire peer Sprint Corp (S.N), in an all-stock deal that will combine the third and fourth largest U.S. wireless carriers and is expected to attract regulatory scrutiny over its impact on consumers. The agreement caps four years of on- and off- talks between the companies, setting the stage for the creation of a carrier with 127 million customers that will be a more formidable competitor to the No.1 and No.2 wireless players, Verizon Communications Inc (VZ.N) and AT&T Inc (T.N). U.S. regulators, which have challenged in court AT&T’s $85 billion deal to buy U.S. media company Time Warner Inc (TWX.N), are expected to grill Sprint and T-Mobile on how they will price their combined wireless offerings. The breakthrough in the companies’ negotiations, first reported by Reuters on Thursday, came after T-Mobile majority-owner Deutsche Telekom AG (DTEGn.DE) and Japan’s SoftBank Group Corp (9984.T), which controls Sprint, agreed on a structure that will allow Deutsche Telekom to continue to consolidate the combined company, which will have a market value of over $80 billions, on its books. Deutsche Telekom will own 42 percent of the combined company. < - > https://www.reuters.com/article/us-sprint-corp-m-a-t-mobile-us/t-mobile-agrees-to-acquire-sprint-idUSKBN1I00PH?il=0 _______________________________________________ Infowarrior mailing list Infowarrior@attrition.org https://attrition.org/mailman/listinfo/infowarrior
