FCC Chairman Ajit Pai this week gave the green light to a merger between T-Mobile and Sprint, currently the third- and fourth-largest mobile carriers
respectively. The nation's top telecom regulator agreed to the $26 billion merger, but with some conditions -- the most notable being that Sprint would sell off its Boost Mobile prepaid cellphone brand. In addition, the combined firm would commit to deploying 5G network coverage to 97 percent of the country within three years, and to 99 percent of the country within six years.
Saturday, May 25, 2019
T-Mobile-Sprint Merger Teeters Between FCC Approval, DoJ Rejection
FCC Chairman Ajit Pai this week gave the green light to a merger between T-Mobile and Sprint, currently the third- and fourth-largest mobile carriers
respectively. The nation's top telecom regulator agreed to the $26 billion merger, but with some conditions -- the most notable being that Sprint would sell off its Boost Mobile prepaid cellphone brand. In addition, the combined firm would commit to deploying 5G network coverage to 97 percent of the country within three years, and to 99 percent of the country within six years.
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