Sprint and T-Mobile merger (2020)

URI: https://gptkb.org/entity/Sprint_and_T-Mobile_merger_(2020)
GPTKB entity
Statements (33)
Predicate Object
gptkbp:instanceOf acquisition
gptkbp:announced April 29, 2018
gptkbp:approvedBy gptkb:Federal_Communications_Commission
gptkb:U.S._Department_of_Justice
gptkbp:category 2020 mergers and acquisitions
Telecommunications mergers
gptkbp:CEOAfterMerger gptkb:Mike_Sievert
gptkbp:completedIn April 1, 2020
gptkbp:createdThirdLargestCarrier gptkb:United_States
gptkbp:divestitureRequired Boost Mobile to Dish Network
Sprint's prepaid business to Dish Network
Virgin Mobile USA to Dish Network
gptkbp:goal accelerate 5G deployment
increase competition with AT&T and Verizon
gptkbp:headquarters gptkb:Bellevue,_Washington
https://www.w3.org/2000/01/rdf-schema#label Sprint and T-Mobile merger (2020)
gptkbp:involvedIn gptkb:T-Mobile_US
gptkb:Sprint_Corporation
gptkbp:legalChallenge merger allowed to proceed
multiple U.S. state attorneys general
gptkbp:numberOfCustomersCombined approximately 100 million
gptkbp:regulatoryReviewDuration almost 2 years
gptkbp:resultedIn Sprint brand discontinued
T-Mobile US as surviving entity
gptkbp:SprintNetworkShutdownDate May 31, 2022
gptkbp:SprintParentCompanyBeforeMerger gptkb:SoftBank_Group
gptkbp:SprintStockTickerBeforeMerger S
gptkbp:stockSymbol gptkb:TMUS
gptkbp:TMobileParentCompanyBeforeMerger gptkb:Deutsche_Telekom
gptkbp:TMobileStockTickerBeforeMerger gptkb:TMUS
gptkbp:valuation $26 billion
gptkbp:bfsParent gptkb:Sprint_(legacy)
gptkbp:bfsLayer 7