T-Mobile appears to be getting its merger with Sprint after all. In an advisory sent late Thursday night, the Department of Justice alerted the media to a press conference at 11 a.m. ET Friday in which Assistant Attorney General Makan Delrahim of the DOJ’s antitrust division is set to “announce a significant merger enforcement action,” …
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Company T-Mobile (TMUS) Sprint (S) Ranking by total number of customers No. 3 No. 4 Employees 52,000 30,000 Revenue $43.3B $33.6B Price per share (Following announcement 7/26/19) $82.53 $7.90 Shares outstanding 854,303,011 4,090,807,600 Market cap $70.51B $32.32B Total wireless customer count 81.3M 54.5M Total wireless postpaid 45.54M 32.77M Total wireless prepaid 21.2M 8.8M Coverage map https://www.t-mobile.com/coverage/coverage-map https://coverage.sprint.com/IMPACT.jsp? Retail store numbers …
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The US Department of Justice (DOJ) is reportedly in talks with states to gain their support for the Sprint merger with T-Mobile. The talks include attorneys general of states that didn’t join the antitrust lawsuit to block the merger last month, The Wall Street Journal said citing sources. Led by New York Attorney General Letitia James and California Attorney General …
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T-Mobile is continuing to add subscribers, even as its merger with Sprint remains in a regulatory holding pattern. For its second quarter, the self-proclaimed “Un-carrier” had 1.8 million total net additional subscribers, of which 1.1 million were traditional monthly postpaid users. Of those 710,000 were postpaid phone subscribers, with the rest using connected devices such as tablets and smartwatches. It …
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Samsung’s Galaxy Fold may finally be going on sale in September, but it appears that it won’t have the same carrier support the original release promised, despite a promised redesign. When the nearly $2,000 Fold was first announced earlier this year, Samsung said it would be available from AT&T and T-Mobile in the US. According to The Verge, however, it appears the …
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Google’s Pixel 3A drove the search giant’s overall phone sales, CEO Sundar Pichai told investors on Thursday. The budget phone, which debuted in May, was responsible for unit sales of Pixel products doubling in the second quarter, Pichai said in a call after the earnings release. Pichai also credited an expanded distribution network for the success of Pixel 3A, which …
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Dish has made a deal with T-Mobile and Sprint to pay $5 billion for their wireless assets, Bloomberg reported Wednesday, citing anonymous sources. This would apparently set the stage for the Justice Department to give T-Mobile’s $26.5 billion merger with Sprint the thumbs-up as early as Thursday, something the Wall Street Journal reports it is prepared to do. The TV …
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Charter Communications, owner of cable brand Spectrum, apparently never heard back from the US Department of Justice after submitting a proposal to acquire Sprint and T-Mobile’s wireless assets. Satellite TV provider Dish is believed to be the frontrunner in a $6 billion acquisition, with the deal rumored to be announced Wednesday or Thursday this week. T-Mobile and Sprint are nearing …
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5G subscribers are expected to reach 1.1 billion by 2023 across the Asia-Pacific and North America regions, where the next-generation network has been launched. That would be triple the number of subscribers 4G reached in the same five-year time period after launching, IHS Markit said in a report released Wednesday. 5G, already launched in some parts of the US by Verizon, …
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Selling your phone location data is a lucrative business, but it might not have a place in New York City: The City Council is considering a bill banning the practice within the five boroughs. Council member Justin Brannan on Tuesday proposed a bill that would prevent mobile carriers and apps from sharing people’s location data if that location is within …
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