WASHINGTON — The next generation of wireless technology, known as 5G, is such a leap forward that it’s said to change everything — maybe even the U.S. government’s view of a corporate merger it nixed before.T-Mobile US Inc. and Sprint Corp. certainly hope so.The companies cited the enormous costs of building a 5G network of ultra-fast, ubiquitous connections as a reason to approve T-Mobile’s proposed $26.5 billion purchase of Sprint when they unveiled the deal on Sunday. They are making the argument a centerpiece of their case to regulators who rebuffed an earlier attempt by the two companies to merge.“Global tech leadership for the next decade is at stake,” said John Legere, the T-Mobile chief executive officer who would lead the new company, said on Twitter. The combination will create “the only company with the capacity to quickly create a broad and deep nationwide 5G network.”Wireless providers say 5G — so named because it … [Read more...] about T-Mobile hopes fast 5g makes quick work in review on Sprint
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After two earlier attempts failed to materialize, T-Mobile and Sprint announced on Sunday that they’ve reached a $26.5 billion merger agreement. If approved, it would combine the third and fourth largest carriers in the United States. The new business would instantly become a much more formidable rival to Verizon and AT&T. Both companies claim that a successful merger would make the United States a leader in the formative early years of 5G mobile networks. But there are very legitimate concerns that shrinking the field of wireless competitors could end up hurting consumers and raising prices. The deal must be cleared by regulators, including both the Federal Communications Commission and Justice Department, which is no small hurdle. FCC chairman Ajit Pai seems open to the idea, but many of the antitrust staffers at the DOJ today were the same people who convinced these two companies to abandon merger talks in 2014. Read: Will regulators approve the massive T-Mobile-Sprint … [Read more...] about What a combined T-Mobile and Sprint would look like
After years of back and forth, Sprint and T-Mobile have finally announced plans to merge. And while there’s plenty of steps that the two companies will have to go through to convince regulators they should be allowed to merge, if you ask T-Mobile and Sprint, the main reason is that the two companies together will be better equipped to roll a next-generation 5G network. It’s such an important part of the rhetoric behind the merger, in fact, that T-Mobile and Sprint have made an entire website arguing that point, under the branding of “5G for All” (complete with a social media hashtag campaign). According to the two companies’ big announcement video, the combined “New T-Mobile” and its 5G network will leverage both T-Mobile’s 5G plans to use the 600MHz band of spectrum and Sprint’s plans for the 2.5GHz band to build out a nationwide network that will be “the highest capacity mobile network in US history.” The two … [Read more...] about What does the Sprint and T-Mobile merger mean for 5G?
T-Mobile and Sprint are finally getting together. This seismic shift in the mobile world could have big ramifications on your service.The two carriers on Sunday announced a $26 billion deal to merge, bringing together the nation's third- and fourth-largest wireless service providers. The combined company will retain the T-Mobile name, and T-Mobile CEO John Legere and his team management team will run the day-to-day operations. The deal comes at a time when the US carriers are bending over backward to win your business, leading to freebies like access to Netflix, as well as a renewed eagerness to push unlimited data. Sprint is still giving away a year of service for free. Those competitive pressures have driven T-Mobile and Sprint together. And while executives from both companies vow lower prices and better service, consumer groups and analysts are skeptical. Worried about how this might affect you? CNET breaks down everything you need to know about this mega mobile merger.Why are they … [Read more...] about T-Mobile and Sprint are merging: Here’s everything you need to know
Democracy Dies in Darkness Sections Home Try 1 month for $1 Username Sign In Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Subscribe Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Accessibility for screenreader The Switch by Tony Romm and Brian Fung by Tony Romm and Brian Fung Email the author April 29 Email the author T-Mobile and Sprint, the nation’s third- and fourth-largest wireless carriers, respectively, agreed to a nearly $27 billion merger Sunday that could dramatically reshape the U.S. telecom industry while testing the appetites of consumers and regulators alike for further corporate consolidation. The deal marks the latest attempt by T-Mobile, operated by Germany’s Deutsche Telekom, and Sprint, run by the Japanese conglomerate SoftBank, to combine forces as they seek to amass subscribers and challenge the … [Read more...] about T-Mobile and Sprint announce plans to merge