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The new BCA gives an exchange ratio of 11.00 Sprint shares for each T-Mobile share, up from the original agreement of 9.75 Sprint shares. SoftBank, Sprint's owner, has agreed to surrender 48.8 million T-Mobile shares acquired in the merger to the New T-Mobile, making SoftBank's effective ratio of 11.31 shares per T-Mobile share.
Sprint Corporation allowed certain Sprint MVNOs to accept and activate old Sprint-branded phones through its "Bring Your Own Sprint Device" program which was established for Sprint's initiative to further reduce the number of cell phones that were thrown away each year.
Claure sold the company to join Sprint in 2014, [4] serving as Sprint's President and CEO from 2014 [5] [6] [7] until 2018, [8] and as executive chairman from 2018 [9] until 2020. [10] Credited with having "led a turnaround" at Sprint, [11] he oversaw the company's planned merger with T-Mobile USA. [8] [9] He currently sits on the board of the ...
Sprint to Acquire 100 Percent Ownership of Clearwire for $2.97 per Share Transaction provides Clearwire shareholders with certain, fair and attractive value Sprint uniquely positioned to leverage ...
The "Bring a Sprint device to Ting" initiative launched today, supporting seven handsets in total: HTC's Evo 3D, 4G and Shift; Samsung's Galaxy S II Epic 4G Touch and Epic 4G; LG's Optimus S; and ...
Network previously operated by Open Mobile, under the Sprint name. [115] 850 MHz CLR 5/26 T-Mobile owns a 10x10 block of 850 MHz spectrum that has been deployed in Myrtle Beach, SC. [112] Band 26 acquired from Sprint and is currently active in a few locations to maintain license requirements. [116] To be sold per merger requirements. 1.9 GHz ...
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In May 2007, Virgin Mobile USA, Inc. initiated an initial public offering (IPO) by filing with the United States Securities and Exchange Commission. [5] On October 10, 2007, Virgin Mobile's sold 27.5 million shares at US$15 per share, at the low end of the original $15–$17 prediction.