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T-Mobile, Sprint merger gets green light from CFIUS, US Depts of Justice, Security and Defense
2018-12-18 08:38:00| Telecompaper Headlines
(Telecompaper) T-Mobile US CEO John Legere expressed satisfaction with the "milestones" and said he looks forward to continuing discussions with the remaining regulatory agencies reviewing the deal.
Tags: security
light
green
justice
T-Mobile and Sprint win US regulatory approval for $26bn merger
2018-12-18 01:00:00| Total Telecom industry news
T-Mobile and Sprint have won regulatory backing for their proposed merger from two key security watchdogs, according to a company release. The $26 billion merger would see the US' third and fourth biggest telcos come together to create a newly formed entity capable of challenging US telecoms giants AT&…read more on TotalTele.com »
Tags: win
approval
regulatory
sprint
T-Mobile, Sprint merger closer after parent companies shun Huawei - report
2018-12-17 10:10:00| Telecompaper Headlines
(Telecompaper) The USD 26 billion merger of US operators T-Mobile and Sprint is close to being cleared by the US after their foreign parent companies pledged to reduce their use of Huawei equipment, according to unnamed sources cited by Reuters. Although neither T-Mobile or Sprint use Huawei network equipment, their majority owners, Germany's Deutsche Telekom and Japan's SoftBank, respectively, use some Huawei gear in overseas markets. However, both companies last week responded to rising security concerns resulting from the use of Chinese telecommunications equipment by pledging to replace Huawei devices in the coming years.
Tags: report
companies
parent
closer
Sprint results up in Q3 but customer numbers fall
2018-10-31 14:30:00| Telecompaper Headlines
(Telecompaper) Sprint reported another strong increase in EBITDA for its fiscal second quarter to September and raised its annual forecast again, driven by cost reductions and higher hardware revenues. The company said it returned to underlying growth in wireless service revenue for the first time in nearly five years, excluding the impact of the new revenue-recognition accounting standards. However, its customer base was down by 20,000 compared to June, as losses at wholesale and reseller customers offset a net increase of 95,000 in retail subscribers.
Tags: results
customer
fall
numbers
T-Mobile US appoints industry veteran to lead Sprint integration
2018-09-25 02:00:00| Total Telecom industry news
T-Mobile US has appointed long-time telecoms industry executive Sunit Patel to lead the integration process at it merges its business with that of rival Sprint. Patel, who joins the U.S. mobile operator from CenturyLink…read more on TotalTele.com »
Tags: industry
lead
integration
veteran
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