T-Mobile-Sprint Merger Teeters Between FCC Approval, DoJ Rejection
Peter Suciu 
FCC Chairman Ajit Pai this week gave the green light to a merger between T-Mobile and Sprint, currently the third- and fourth-largest mobile carriers respectively. The nation's top telecom regulator agreed to the $26 billion merger, but with some conditions -- the most notable being that Sprint would sell off its Boost Mobile prepaid cellphone brand. In addition, the combined firm would commit to deploying 5G network coverage to 97 percent of the country within three years, and to 99 percent of the country within six years.
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May 23, 2019 at 08:42AM
from TechNewsWorld
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FCC Chairman Ajit Pai this week gave the green light to a merger between T-Mobile and Sprint, currently the third- and fourth-largest mobile carriers respectively. The nation's top telecom regulator agreed to the $26 billion merger, but with some conditions -- the most notable being that Sprint would sell off its Boost Mobile prepaid cellphone brand. In addition, the combined firm would commit to deploying 5G network coverage to 97 percent of the country within three years, and to 99 percent of the country within six years.Read more
May 23, 2019 at 08:42AM
from TechNewsWorld
via IFTTT
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