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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.
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. After a two-year-long approval process the merger was closed on April 1, 2020, with T-Mobile emerging as the surviving brand. The Sprint brand was discontinued by T-Mobile on August 2, 2020.
Apr 1, 2020 · The combined company will operate under the name T-Mobile and deliver a transformative 5G network with 14 times more capacity than standalone T-Mobile. The merger also marks the transition of CEO role from John Legere to Mike Sievert, who led the integration and will drive the Un-carrier movement forward.
T-Mobile and Sprint say they'll invest roughly $40 billion in 5G over the next three years, potentially creating new jobs.
Sep 2, 2023 · Sprint Corp (NYSE:S) reported strong second quarter results that exceeded expectations on all key metrics, including ARR, revenue, gross margin, and operating margin. The company also raised its outlook for the fiscal year '24 and highlighted its product innovations and market opportunities in cybersecurity.
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Apr 1, 2020 · T-Mobile and Sprint announced the closing of their $30 billion merger on Wednesday, the result of a long-in-the-works effort by both companies to speed the progress of wireless technology and...