Sprint, T-Mobile have to sell $26.5B deal to antitrust cops - News Summed Up

Sprint, T-Mobile have to sell $26.5B deal to antitrust cops


To gain approval for their $26.5 billion merger agreement, T-Mobile and Sprint aim to convince antitrust regulators that there is plenty of competition for wireless service beyond Verizon and AT&T. He would be the CEO of the combined company. The combined company, to be called T-Mobile, would have about 127 million customers. Comcast, the cable giant that finished buying NBCUniversal in 2013, offers customers wireless service by reselling access to Verizon's network. Deutsche Telekom, T-Mobile's parent, would own about 42 percent of the combined company.


Source: ABC News April 30, 2018 03:56 UTC



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