U.S Security Regulators Approve T-Mobile/Sprint Tie-Up
Several government agencies have given T-Mobile and Sprint the approval they need to move forward with their merger plans. The Committee on Foreign Investment in the United States, the Department of Defense, the Department of Homeland Security, and the Department of Justice have all agreed to the deal, valued at $26.5 billion. In order to appease these agencies, T-Mobile and Sprint's parent organizations, Deutsche Telekom and SoftBank, respectively, have said they'll reconsider their use of equipment from Chinese supplier Huawei. Huawei has long been branded a security risk by U.S. lawmakers. The combined company will have about 100 million customers, putting it on more even ground with AT&T and Verizon Wireless. The deal still needs to win the approval of the FCC and FTC. T-Mobile expects the deal to close during the first half of 2019.
Nov 7, 2019
T-Mobile today announced plans to offer three new programs offering 5G service for free to certain groups, or cheaply for everyone else. The company is promising to launch the programs when and if it is allowed to merge with Sprint.
Samsung has a slew of new phones coming to the US in its more-affordable A-series, including one launching tomorrow for $110, and a 5G model launching this summer for $500. Galaxy A01 : One of Samsung's most affordable phones at $110.
Apr 1, 2020
T-Mobile has officially completed its merger with Sprint. For the moment, the merger has little effect on customers, but "Sprint" lives only as a brand of T-Mobile, not a separate company.
Feb 11, 2020
A multi-state anti-trust lawsuit to stop the merger of Sprint and T-Mobile has failed. New York Attorney General Letitia James issued a statement saying "There is no doubt that reducing the mobile market from four to three will be bad for consumers, bad for workers, and bad for innovation, which is why the states stepped up and led this lawsuit.