Wednesday, 24 July 2019

Tag Archives: T-Mobile

US states sue to block Sprint, T-Mobile deal

NEW YORK and California led a group of state governments in filing a lawsuit to block the proposed $26 billion merger between Sprint and T-Mobile, asserting the deal would harm consumers. Nine states and the District of Columbia, argued that allowing the companies to combine would cause “irreparable harm” leading ...

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T-Mobile exceeds expectations for phone subscribers, profit

WASHINGTON: T-Mobile US Inc exceeded Wall Street’s quarterly estimates for net new phone subscribers and profit, driven by its competitive wireless plans and trade-in offers for iPhones aimed at fending off its bigger rivals. Shares of the Bellevue, Washington-based company rose over 3 percent to $66.02 in extended trading. The ...

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Business Sprint back in merger talks with T-Mobile

PARIS: After getting nowhere with the cable giants, Sprint is in merger talks with T-Mobile in an attempt to collect $40 billion in estimated synergies. The telecom carriers reportedly agree that T-Mobile’s controlling shareholder Deutsche Telekom would emerge the majority owner. Sprint has also accepted that T-Mobile CEO John Legere ...

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