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April 1, 2020. Sprint Corporation and T-Mobile US merged in 2020 in an all shares deal for $26 billion. The deal was announced on April 29, 2018. [ 1 ][ 2 ][ 3 ] After a two-year-long approval process the merger was closed on April 1, 2020, [ 4 ][ 5 ][ 6 ] with T-Mobile emerging as the surviving brand. The Sprint brand was discontinued by T ...
Sprint Corporation. Sprint Corporation was an American telecommunications company. Before being acquired by T-Mobile US on April 1, 2020, it was the fourth-largest mobile network operator in the United States, serving 54.3 million customers as of June 30, 2019. [2]
T-Mobile US operates two main brands: T-Mobile and Metro by T-Mobile (acquired in a 2013 reverse takeover of MetroPCS that also led to T-Mobile's listing on the NASDAQ). In 2020, T-Mobile expanded through the acquisition of Sprint, which also made T-Mobile the operator of Assurance Wireless, a service subsidized by the federal Lifeline program.
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Since April 2020, the Assurance Wireless brand has been under the T-Mobile family. [5] This was the result of the merger of Sprint Corporation and T-Mobile US was officially completed, [9] and after Virgin Mobile USA was officially shut down and folded into Boost Mobile. An official statement was sent to all customers July 14, 2020 stating that ...
September 19, 2024 at 1:50 PM. High-octane T-Mobile (TMUS) CEO Mike Sievert is back with more big promises to investors four years after his company's last capital markets day with Wall Street ...
Boost Mobile is the fourth largest wireless carrier in the United States, with it and its sister brands Gen Mobile and Ting Mobile having 7.3 million subscribers as of June 30, 2024. [1] It was founded as a joint venture between Peter Adderton, Craig Cooper, Kirt McMaster, and Nextel Communications. It was purchased by Nextel in 2003 and, as a ...