T-Mobile And Sprint Announce A Plan For Merger


T-Mobile and Sprint announced Sunday (April 29) that they will merge the two wireless companies, bringing the number of major cellphone companies to three. The combined company will be named T-Mobile. In a joint statement, the wireless carries said the combined company will have lower costs and better quality, that could essentially help them compete with AT&T and Verizon.

T-Mobile, Sprint announce merger in all-stock deal

Via www.cbsnews.com

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