Sprint and T-Mobile merger is about to clear its biggest hurdle
June 18, 2019
Sprint and T-Mobile's on-again-off-again $26 billion merger appears to be on again, leaving the combined company poised to become the second-largest wireless provider in the country. Pending all parties agree on concessions, the Justice Department will approve the deal by the end of the week of June 17 or beginning the week of June 24, apparently. The concessions would likely include the sale of Boost Mobile, Sprint's discount, pay-as-you-go wireless service. However, negotiations are still ongoing and the Department of Justice is prepared to litigate if the negotiations fall through.
Sprint and T-Mobile merger is about to clear its biggest hurdle