DoJ Green-Lights T-Mobile / Sprint Merger
Updated: Added customer numbers from Wall Street Journal article.
The US Department of Justice has given its blessing to the proposed merger of T-Mobile and Sprint. Several conditions — including a comprehensive deal with Dish intended to create a small fourth national carrier — have satisfied the federal government's anti-trust concerns. The FCC has already announced it will allow the deal, meaning the deal is cleared at the federal level. Five state attorneys general joined in supporting the deal. However, ten state attorneys general have filed suit to block the deal on anti-trust grounds, including those for New York and California. Those states are not signed on to the deal announced today. That action remains outstanding and could still delay or scuttle the deal. The required deal with Dish will see Dish acquire all of Sprint's prepaid business, including the Boost and Virgin brands and 9 million customers with those brands, along with radio spectrum licenses. Dish will also have "robust access" to the new T-Mobile/Sprint network as an MVNO for at least seven years, giving it time to build out its own physical network. T-Mobile/Sprint will also be required to "make available" at least 20,000 tower sites and hundreds of retail locations, in order to facilitate Dish building its new network and wireless business. Dish has a long history of hoarding spectrum licenses while promising — but failing — to build any significant network to use them.
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.
Jan 7, 2020
Sprint is shutting down its Virgin Mobile prepaid brand. Starting the week of February 2nd, Sprint will move current Virgin Mobile customers to Sprint's other prepaid brand, Boost Mobile.
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.
Nov 26, 2019
MediaTek has revealed that its first SoC with integrated 5G modem and high-end processor will be called the Dimensity 1000. The company revealed the first set of details on the chip in May.
Jul 26, 2019
New York State Attorney General Letitia James today confirmed that she continues to lead a coalition of 14 states in suing to stop the merger of T-Mobile and Sprint on anti-trust grounds, in spite of today's approval of the merger by the US Department of Justice. The states' concerns include specific issues with the deal announced today by the DoJ and Dish, for Dish to take certain assets from Sprint to build a new, fourth national carrier.