Yesterday T-Mobile and Sprint announced that they had completed their merger, but the deal still hasn’t gotten official approval from the California Public Utilities Commission, the final hurdle it needs to clear before it can officially merge. Now the CPUC has something to say about that. The CPUC has issued an order saying that T-Mobile and Sprint cannot begin … [read full article]
Today T-Mobile and Sprint officially completed their merger, nearly two years after the deal was first announced. As you might expect when combining two of the biggest carriers in the US, customers have lots of questions about what will happen now, and so T-Mo has posted a FAQ to try and answer them. One of the major reasons that T-Mobile is merging with … [read full article]
Nearly two years after T-Mobile and Sprint first announced their merger, the deal is complete. T-Mobile says that it has officially completed its merger with Sprint to for the New T-Mobile. Also confirmed today is that with the close of the merger, T-Mo has completed its CEO transition. That means that effective immediately, Mike Sievert is taking over the CEO role … [read full article]
A new filing submitted by T-Mobile to the FCC this week has revealed the carrier’s desire to use 2.5GHz spectrum in Philadelphia. In an application filed with the FCC, T-Mobile says it’d like special temporary authority (STA) to operate on the 2570-2630MHz band in Philadelphia that’s currently licensed or leased to Sprint or one of Sprint’s affiliates. Sprint has already consented to T-Mo’s use of the spectrum. T-Mobile explains that this STA will allow it to test … [read full article]
The T-Mobile-Sprint merger continues to be in a bit of a limbo as it waits for approval from a couple more entities before it can officially close, but today T-Mo issued a statement to reaffirm that it’s ready to merge whenever those approvals come. T-Mobile said today that it’s financially prepared to close its merger with Sprint. This is based on its previously secured commitments for bridge … [read full article]
Following T-Mobile and Sprint’s victory in court, New York and California dropping their opposition, and the CPUC issuing a proposal for approval, it’s looking increasingly likely that T-Mo and Sprint’s merger will happen. Ahead of that, the two … [read full article]
Hot on the heels of California’s Attorney General saying that he won’t appeal the ruling in T-Mobile-Sprint merger lawsuit, some more good news for the merger has come out of California. The California Public Utilities Commission has issued a proposal to approve the merger of T-Mobile and Sprint. The approval comes with “extensive conditions” that aim to mitigate any adverse impacts on competition and to … [read full article]
Following New York Attorney General Letitia James’ announcement that she won’t be appealing the judge’s decision to allow T-Mobile and Sprint’s merger to go forward, California’s AG has now made a similar announcement. California Attorney General Xavier Becerra will not appeal the judge’s decision last month to reject the state AGs’ lawsuit against the T-Mobile-Sprint merger. [read full article]
T-Mobile has said that its merger with Sprint could close as soon as April 1st, but it’s looking like that may not happen. While T-Mobile and Sprint have secured most of the approvals they need to complete their merger, they’re still waiting to get the green light from the California Public Utilities Commision. The CPUC is the last state utility commission of 19 total that … [read full article]
Just as was rumored, T-Mobile and Sprint have now confirmed that they’ve updated their merger agreement. The new agreement includes an exchange ratio of 11.00 Sprint shares for each T-Mobile share, up from the original agreement of 9.75 Sprint shares. SoftBank, Sprint’s owner, has agreed to surrender 48.8 million T-Mobile shares acquired in the merger to the New T-Mobile, making SoftBank’s effective ratio 11.31 shares per T-Mo share. Sprint shareholders … [read full article]
