DOJ Gives Green Light to T-Mobile-Sprint Merger, A Major Hurdle

By Jeremy Del Nero on 26 July 2019
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IMG_2430The U.S. Department of Justice approved T-Mobile US’ planned merger with Sprint Friday morning.

The news brings the merger one step closer to completion.

The approval came after the two mobile operators agreed to create a new wireless provider by selling certain assets to satellite-TV company Dish.

The move leaves more than 95% of mobile users in the United States in the hands of three companies, namely Verizon Wireless, AT&T Mobility, and the merged T-Mobile entity.

Dish will be required to build a 5G network for customers as part of the deal. A combined T-Mobile-Sprint will sell Sprint’s prepaid brands, Boost Mobile and Virgin Mobile, to Dish and give the new mobile operator access to its network for seven years.

The deal still requires T-Mobile and Sprint to overcome a lawsuit by attorneys general for 13 states who are trying to block the transaction.  They say that the merger will leave consumers with less choice and higher mobile phone bills.

(Photo: Accura Media Group)

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