T-Mobile Wins Sprint Deal Approval With Plan to Create Rival

Posted on AllSides July 26th, 2019
From The Left

The Justice Department approved T-Mobile US Inc.’s acquisition of Sprint Corp., a deal it rejected under the previous administration, clearing one of the biggest hurdles to a takeover that will reshape the wireless industry.

T-Mobile and Sprint agreed to sell multiple assets to Dish Network Corp. as a condition for approval, paving the way to creating a new wireless company, the Justice Department said in a statement Friday. The carriers have promised to deploy a 5G network that would cover 97% of the U.S. population within three years and 99%...

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

https://www.bloomberg.com/news/articles/2019-07-26/t-mobile-wins-u-s-nod-for-sprint-deal-with-plan-to-create-rival

More News about Business from the Left, Center and Right

From the Left

From the Center

From the Right