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Recent news about the merger between Sprint (NYSE:S) and T-Mobile (NASDAQ:TMUS) reminded me why I don't like gambling on such events. As you know, the S stock price received a massive boost in the ...
It's an interesting time to be a stakeholder of Sprint (NYSE:S). For years, the mobile firm ran as an afterthought behind telecommunications leaders AT&T (NYSE:T) and Verizon (NYSE:VZ). As a ...
Sprint (NYSE:S) continues to remain in limbo. Amid a merger in jeopardy and a disappointing earnings report, Sprint stock had fallen even as that of its buyer-in-waiting, T-Mobile (NASDAQ:TMUS ...
On October 5, 1999, Sprint and MCI WorldCom announced a $129 billion merger agreement between the two companies. [47] The deal would have been the largest corporate merger in history at the time. However, due to pressure from the United States Department of Justice and the European Union on concerns of it creating a monopoly, the deal did not ...
The terms of the settlement include making its low-cost T-Mobile Connect plans available in California for at least 5 years, that T-Mobile customers can keep their T-Mobile plans held in February 2019 for a total of five years, to enact Project 10 Million, part of the New T-Mobile Un-carrier 1.0 move, that will offer a free hotspot device and ...
On July 28, 2009, Sprint Nextel Corporation agreed to acquire the outstanding shares of Virgin Mobile USA, Inc. in return for Sprint Nextel stock valued at approximately US$5.50 per share of Virgin Mobile USA common stock. [9] Prior to the purchase, Sprint Nextel owned 13.1% of Virgin Mobile USA. [10] After the acquisition, Sprint Nextel formed ...
After 15 months of lobbying and negotiations, T-Mobile (NASDAQ:TMUS) and Sprint (NYSE:S) have finally secured both FCC and DoJ approval for their proposed merger. In response to the DoJ putting ...
After 15 months of lobbying and negotiations, T-Mobile (NASDAQ:TMUS) and Sprint (NYSE:S) are finally on the verge of closing their proposed merger. Back in May, the FCC approved the merger after ...