Tag: T-Mobile Sprint

T-Mobile and Sprint agree to merge in a deal valued at $146 billion

After T-Mobile and Sprint said they have ceased discussions to merge into a single entity back in November, both the company today announced a they have entered into a definitive agreement to merge in an all-stock transaction at a fixed exchange ratio of 0.10256 T-Mobile shares for each Sprint share or the equivalent of 9.75 Sprint shares for each T-Mobile US share. This is valued at about $26.5 billion in stock. Continue reading “T-Mobile and Sprint agree to merge in a deal valued at $146 billion”

T-Mobile and Sprint officially end merger talks

T-Mobile-netherlands

T-Mobile and Sprint have said they have ceased discussions to merge into a single entity since they could not find mutually agreeable terms. Both the companies have been open to idea of merging for the past few years. Back in September there were reports of talks of merger, later in October new reports said that the companies might announce a merger by the end of the month, but Sprint eventually pulled out due to ownership concerns.

Continue reading “T-Mobile and Sprint officially end merger talks”