T-Mobile acquires Sprint for $26 billion to take on AT&T and Verizon
By Abhimanyu Ghoshal
T-Mobile has agreed to acquire Sprint for $26 billion and merge the two US-based carriers’ businesses, in an effort to compete with the likes of AT&T and Verizon – and roll out a nationwide 5G network in the next few years. The combined company, which will be known as T-Mobile and be headed by current T-Mobile CEO John Legere, promises to build the highest capacity network in the US. When the two firms finally complete the merger – regulators are yet to sign off on the deal – the combined company will have 100 million customers. In addition to building…
This story continues at The Next Web
Or just read more coverage about: Sprint,T-Mobile,Verizon
April 30, 2018 at 07:12AM
via The Next Web https://ift.tt/2jeZ4Yz
0 comments:
Post a Comment