Question: Is Tmobile Sprint Merger Complete?

What does T Mobile Sprint merger mean for Sprint customers?

T-Mobile successfully acquired Sprint as of April 1, becoming one company and effectively bringing the total number of major US cell carriers from four down to three.

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How close is the Sprint T Mobile merger?

After nearly two years of waiting to close their $26.5 billion merger, T-Mobile and Sprint have crossed the finish line and completed its quest to combine the third- and fourth-largest national wireless carriers.

Is Sprint being bought out?

T-Mobile US has completed its long-pending acquisition of Sprint, the company said on Wednesday morning. … The deal combines the previously third- and fourth-largest U.S. wireless carriers, after Verizon Communications (ticker: VZ) and AT&T (T).

What happens to Sprint stock if merger?

And it is still the fourth-largest cell network by subscribers, and that certainly has at least some value. Under the original merger agreement, every 9.75 shares of Sprint would convert to one share of T-Mobile, translating to 81% upside for Sprint shareholders if the deal happened today.

What happens to Sprint stock after merger?

T-Mobile shareholders will now get about 11 shares of Sprint (S) each in exchange for one share of T-Mobile. … After the merger is completed, Deutsche Telekom and SoftBank will be the largest owners of the new T-Mobile, with approximately 43% and 24% stakes in the company respectively.

What will happen when Sprint and T Mobile merge?

After years of negotiations and legal battles, Sprint and T-Mobile have finally completed their merger into a single carrier. … Sprint customers will still use a separate Sprint network, while existing T-Mobile customers will still use T-Mobile’s.

Will a Sprint phone work on tmobile?

Today every device works the same as it has on the network it’s currently using. For now, customers will use two distinct networks, Sprint and T-Mobile, and Sprint customers now receive extended roaming capabilities on the T-Mobile network. … Yes, customers with existing Sprint accounts can add lines.

Can Sprint customers switch to Tmobile?

Sprint and T-Mobile are merging-finally. If you’re an existing Sprint customer, there’s nothing you need to do yet. Your phone will still work, your plan won’t change, and you can go to the same stores for service.

Which is better T Mobile or Sprint?

T-Mobile Review. Sprint offers cheaper prices in most cases, but T-Mobile’s overall value is much better. Of the Big 4 wireless phone carriers in the U.S. — Verizon, AT&T, T-Mobile, and Sprint — Sprint and T-Mobile are the kings (or queens) of lower prices.