The T-Mobile/Sprint Merger Inches Towards Closure
The T-Mobile/Sprint merger is (almost) complete, having passed the major hurdle of gaining approval from the Department of Justice (DoJ) on Friday. As part of the deal, Dish Networks has emerged as the new “number four” carrier, and is spending $5 billion to purchase Sprint’s prepaid assets, notably Boost and Virgin, as well as a swathe of 800 MHz spectrum from Sprint. It is, without a shadow of a doubt, a major victory for T-Mobile and Sprint.