T-Mobile and Sprint agree to merge, finally. T-Mobile and Sprint finally agreed to a massive telecom merger after years of negotiations punctuated by two breakups.
The $26 billion merger, announced Sunday, values Sprint near its current share price of $6.50.
The tie-up would position the telecom companies as fiercer competitors to Verizon and AT&T, which have long dominated the US market. Ref. CNN.
It will be interesting to see how this new merger affects prices across the board specially mobile bundles. Competition is always good to keep prices down.
International Level: Politics 101 / Political Participation: 9 0.9%