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T-Mobile secures deal with California for Sprint merger clearance
2020-03-12 09:27:00| Telecompaper Headlines
(Telecompaper) T-Mobile US has reached a settlement with California over its planned merger with Sprint. This was the last major regulatory hurdle for the deal and sees the mobile operator commit to jobs, coverage and pricing terms in the state.
Tags: california
deal
clearance
sprint
Softbank agrees to new price for Sprint in sale to T-Mobile
2020-02-21 08:46:00| Telecompaper Headlines
(Telecompaper) Softbank and Deutsche Telekom announced a revised agreement on the planned merger of their US mobile operators Sprint and T-Mobile. Softbank has agreed to accept a lower stake in the merged company than the original agreement signed in April 2018, in exchange for the potential to increase its stake over time.
GSMA to hold crunch MWC20 meeting this Friday as Facebook, AT&T, Sprint pull out
2020-02-12 11:03:00| Telecompaper Headlines
(Telecompaper) The GSMA will decide whether or not to suspend its flagship event MWC due to the risk of coronavirus at a meeting to be held on 14 February, reports Spanish daily El Pais, citing unnamed sector sources. It cautioned that the meeting was already scheduled but the GSMA will now be using it to consider options including even stricter measures to combat the spread of the virus, a possible postponement until spring or a cancellation of this year's event in view of the ever-growing list of companies withdrawing.
T-Mobile, Sprint merger clears major legal hurdle after states lawsuit rejected
2020-02-11 15:11:00| Telecompaper Headlines
(Telecompaper) T-Mobile US has secured clearance for its takeover of Sprint, after a US federal court rejected an appeal from state attorneys general against the deal. The companies hope to complete the deal by 01 April, nearly two years after the merger of the third- and fourth-largest mobile operators was first announced.
Tags: legal
states
major
rejected
US judge set to approve merger of T-Mobile US and Sprint - report
2020-02-11 09:13:00| Telecompaper Headlines
(Telecompaper) The merger between T-Mobile US and Sprint is set to get its green light, the Wall Street Journal reported, citing sources close to the matter. The decision will be made public by a federal judge on 11 February. No word is yet out on if the approval will be conditional or not. The parties have been notified of the imminent ruling, the sources said. The new T-Mobile will have more than 90 million customers in the US and work on overtaking market leaders AT&T and Verizon.