DOJ approves T-Mobile’s merger with Sprint after the companies agreed to create a new wireless carrier by selling assets to Dish Network
The Justice Department approved T-Mobile US Inc.’s merger with Sprint Corp. after the companies agreed to create a new wireless carrier by selling assets to satellite-TV provider Dish Network Corp.
The landmark antitrust agreement seeks to address concerns that the combination of T-Mobile, the nation’s No. 3 carrier by subscribers, and No. 4 Sprint will drive up prices for consumers. It would leave more than 95% of American cellphone customers with the top three U.S. operators.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DOJ approves $26.5B merger between Sprint and T-MobileWhile the merger between the number three and four players in the wireless market effectively reduces competition, the DOJ has demanded that both companies must sell key assets.
Read more »
Justice Department in Talks With States to Win Support for T-Mobile, Sprint MergerThe Justice Department is pushing state officials to support a planned settlement that would allow T-Mobile US and Sprint to merge by selling assets to Dish Network.
Read more »
T-Mobile, Sprint Merger Gets DOJ Approval With Sale of Assets to DishCharlie Ergen is poised to get into the wireless phone biz as part of T-Mobile and Sprint’s merger getting the regulatory green light. Ergen’s Dish Network entered into a $5 billion dea…
Read more »
DOJ announces agreement on $26 billion merger between T-Mobile and SprintThe Department of Justice has formally reached an agreement with Sprint and T-Mobile on their merger, but a lawsuit from several state attorneys general remains.
Read more »
T-Mobile, Sprint Merger Gets DOJ Approval With Asset Sales to DishDish said it 'will enter the U.S. wireless market as the fourth nationwide facilities-based network competitor” with what it called a 'transformative transaction.'
Read more »