T-Mobile and Sprint are merging in deal that would create the No. 3 U. S. cellular…
T-Mobile and Sprint are merging in deal that would create the No. 3 U. S. cellular carrier, but could signal the days of aggressive competition for customers is coming to an end.
The merger, an all-stock deal announced early Sunday afternoon, will see Sprint become part of the T-Mobile brand. The deal values Sprint at an implied enterprise value of $59 billion. The combined company will be worth roughly $146 billion.
The new company will be named T-Mobile.
Developing…
