U.S. telecoms Sprint and T-Mobile reach $26.5-billion merger deal - News Summed Up

U.S. telecoms Sprint and T-Mobile reach $26.5-billion merger deal


The combined company, to be called T-Mobile, would have about 127 million customers. He would be the CEO of the combined company. The all-stock deal values each share of Sprint at slightly more than 0.10 T-Mobile shares. Deutsche Telekom, T-Mobile’s parent, would own about 42 per cent of the combined company. Comcast, the cable giant that finished buying NBCUniversal in 2013, offers customers wireless service by reselling access to Verizon’s network.


Source: thestar April 29, 2018 19:52 UTC



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