Stock FAQs

what will happen to sprint stock they merge with t mobile

by Ms. Lessie Herzog Sr. Published 3 years ago Updated 2 years ago
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At 0.10256 T-Mobile shares for each Sprint share, the total amount of Sprint's shares outstanding will translate to 421.66 million T-Mobile shares. T-Mobile has 856.93 million shares outstanding, so the deal will give Sprint control of approximately a third of the combined company.Feb 13, 2020

Full Answer

How do you switch from sprint to Tmobile?

  • Turn the device off and on. This should resolve any issue that occurs.
  • Ensure firmware is updated. (See steps above)
  • If the issue is not resolved contact Care/Chat.

Did T Mobile Buy Sprint?

T-Mobile bought Sprint mainly for Sprints massive spectrum holdings and the customer base secondary. Sprints tech was in need of a massive upgrade anyways. Sprint was a CDMA based phone company with LTE and limited 5g using non industry standard implementation. T-Mobile is a GSM based company with LTE and LTE.

Is Sprint owned by T Mobile?

The Sprint brand was discontinued by T-Mobile on August 2, 2020. In December 2013, multiple reports indicated that Sprint Corporation and its parent company SoftBank were working towards a deal to acquire a majority stake in T-Mobile US for at least US$20 billion.

Which is better T - Mobile or sprint?

T-Mobile makes pretty bold claims about the future of its network, including:

  • 14x increased network capacity over the next six years
  • Network speeds that are 8x faster in the next few years, and 16x in the next 8 years
  • 5G coverage for 99% of Americans in the next six years

See more

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What will happen to Sprint stock after merger with T-Mobile?

Under the terms of the transaction, Sprint shareholders will receive a fixed exchange ratio of 0.10256 T-Mobile shares for each Sprint share, or the equivalent of approximately 9.75 Sprint shares for each T-Mobile share.

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. At least for now. And as of August 3, the Sprint brand is officially no more.

What happened to shares of Sprint?

Effective at the beginning of today's trading session, T-Mobile will trade on the NASDAQ on a combined basis under the ticker symbol “TMUS.” The Sprint shares will no longer trade on the New York Stock Exchange.

What happens to Sprint after merger?

For now, all customers will stay with the same Sprint and T-Mobile network and service they've been using. Sprint customers can now visit a T-Mobile store for service; most T-Mobile branded stores can now serve both Sprint and T-Mobile customers.

Will Sprint customers become T-Mobile customers?

Sprint's LTE network will be retired on June 30, 2022. The good news is most Sprint LTE and 5G devices are compatible with the T-Mobile LTE or 5G network and will continue to operate on T-Mobile's LTE and 5G networks. Customers only need to take a few easy steps: Replace the Sprint SIM card with a T-Mobile SIM card.

Will Sprint cease to exist?

Sprint LTE network will shut down in June 2022 as T-Mobile continues assimilation. The Sprint LTE network will shut down by June 30, 2022, as T-Mobile continues moving customers onto its own network following last year's merger …

Can Sprint customers switch to T-Mobile?

What is the T-Mobile Network Experience? Eligible Sprint customers can now take advantage of the full T-Mobile network with a simple SIM swap. Your Sprint account remains the same, with the same price, plan and billing experience, but now you'll access the T-Mobile network as your primary network.

What is the stock symbol for Sprint?

S_oldSprint Corp (S_old)

Is T-Mobile owned by Sprint?

Sprint Corporation and T-Mobile US merged in 2020 in an all shares deal for $26 billion. The deal was announced on April 29, 2018. After a two-year-long approval process the merger closed on April 1, 2020, with T-Mobile emerging as the surviving brand.

Can Sprint customers get T-Mobile deals?

Can Sprint customers participate in T-Mobile Tuesdays? Yes, Sprint customers on qualifying plans can get in on the thankings! Open the T-Mobile Tuesdays app every week to see all the great deals available.

Is T-Mobile better than Sprint?

Data hogs: Pick T-Mobile. Sprint's Unlimited plans give you 23 GB of 4G LTE data per month, but that can't compare to T-Mobile's Magenta plan's generous 50 GB allotment. Speed lovers: Pick T-Mobile. T-Mobile consistently has higher and more reliable data speeds than Sprint, countrywide.

Does Sprint and T-Mobile use the same towers?

T-Mobile is building a 5G network that uses Sprint spectrum and towers, and it is aiming to shift Sprint customers to the T-Mobile network instead of the Sprint network. In addition to shutting down the Sprint LTE network, T-Mobile plans to deactivate Sprint's 3G CDMA network on January 1, 2022.

Do T-Mobile customers need to do anything?

There's not a thing Sprint or T-Mobile customers need to do! For now, all customers will stay with the same Sprint and T-Mobile network, stores, an...

Why have T-Mobile and Sprint merged?

We’ve united and are combining our resources to bring customers the connectivity, service, and value they deserve. We are taking things to an entir...

What will happen to the T-Mobile and Sprint brands?

Both brands will continue to exist and over time everything will evolve to T-Mobile. Beginning August 2, both companies will begin unifying under t...

What can new customers look forward to?

The new T-Mobile is here and it’s going to be amazing. T-Mobile customers should expect everything the Un-carrier has ALWAYS stood for: treating cu...

Will there be any deals for new customers to switch to T-Mobile?

Yes! We have offers available when you switch to T-Mobile: Check out our latest device offers on the Deals Page. If you're a Verizon or AT&T custom...

Is my rate plan changing?

No, we're not making any changes to your rate plan. Over time, you will see additional benefits as we supercharge our network and honor our commitm...

Will current T-Mobile customers pay more?

T-Mobile has committed to delivering the same or better rate plans for at least three years—that includes access to 5G. Your whole family can conti...

What will happen with Sprint and T-Mobile networks?

Strong, dependable network connectivity has never been more critical to customers or the country. As the two networks are combined, T-Mobile will d...

What will happen with Sprint and T-Mobile retail stores?

As T-Mobile emerges as the newly combined company’s flagship brand in retail, the majority of Sprint stores have been updated with T-Mobile brandin...

Will I get access to the other carrier’s network now that you’re combined?

For now, customers will use two distinct networks, Sprint and T-Mobile. Both Sprint and T-Mobile customers will continue to get great coverage, and...

How fast is 5G?

Customers will have access to average 5G speeds up to eight times faster than current LTE in just a few years and 15 times faster over the next six years. Reaching nearly everyone! Within six years, T-Mobile will provide 5G to 99% of the U.S. population, including rural America.

Is 5G available in some areas?

5G: Capable device required; coverage not available in some areas. While 5G access won't require a certain plan or feature, some uses/services might. 5G uplink not yet available. See Coverage details, Terms and Conditions, and Open Internet information for network management details (like video optimization).

Does Sprint have a store with T Mobile?

As T-Mobile emerges as the newly combined company’s flagship brand in retail, the majority of Sprint stores have been updated with T-Mobile branding and a fresh coat of magenta paint, and most T-Mobile branded stores can serve both Sprint and T- Mobile customers. With a few exceptions, our stores and store employees can now serve Sprint ...

Is T Mobile a combined company?

While T-Mobile will emerge as the combined companies’ flagship brand in retail, web and advertising, Sprint customers will experience a slower transition, seeing the brands represented as a combined company in their direct communications and on the website when doing Sprint account maintenance.

Is T Mobile better than T Mobile?

As the two networks are combined, T-Mobile will deliver: Massive Capacity! 14 times more capacity in the next six years than T-Mobile alone —which means it will be even better for streaming, gaming, downloading and more.

Does T Mobile have 5G?

And T-Mobile has committed to delivering the same or better rate plans for at least three years—that includes access to 5G, even for prepaid and Lifeline customers. T-Mobile already has the largest and only 5G network and we plan to offer 5G to 99% of the U.S. population in the next six years.

Is Sprint part of the family?

Sprint is now part of the family. Sprint is now part of the family. T-Mobile and Sprint have merged to create the leader in 5G. We’re on this journey because we believe it will be better for customers. Through the years, we’ve taken major strides to answer the needs of our customers and we won’t stop.

T-Mobile and Sprint merger deal

The merger deal between T-Mobile and Sprint consolidates the third and fourth-largest US wireless service providers. The combined company will be in a better position to compete with larger rivals like AT&T (NYSE:T). The New T-Mobile will also be able to invest efficiently in wireless networks and cover more people.

Growth projection

Wall Street analysts expect T-Mobile to post sales of $11.4 billion in the first quarter. The figure would mark a rise of 3.2% YoY (year-over-year) compared to $11.1 billion in the first quarter of 2019. Also, analysts expect the company to post an adjusted EPS of $1.01 in the first quarter compared to $1.06 in the first quarter of 2019.

How wireless industry has changed since last merger attempt

So, just because a company tried and failed to merge in the past does not mean the deal won’t eventually happen. Things change over time. So, what has changed in the wireless industry since T-Mobile and Sprint last tried to merger?

T-Mobile, Sprint merger attempt is not dead

A few months ago, T-Mobile and Sprint simply could not come to terms. So, the deal died. However, I said at the time that the deal was not dead. It was just taking a nap. Now the two wireless carriers have woken up and are thinking about getting together once again.

My prediction on T-Mobile, Sprint merger

My prediction is if they can come together, is this. Since T-Mobile is on the growing side of the growth wave, and since Sprint is struggling, I believe John Legere will be CEO of the newly combined company.

Why T-Mobile and Sprint need to merge

Does T-Mobile need to acquire Sprint? No. They are growing on their own. However, acquiring Sprint will take the pressure off to offer low cost services. That means T-Mobile prices could rise and profitability increase, and still stay below AT&T and Verizon.

Will regulators approve T-Mobile, Sprint merger?

Next, if T-Mobile and Sprint finally decide to get together, they still face one more mountain. The US Government. Will they allow the merger? That’s a big question. I think if this deal was happening last year, the answer would have been more likely no.

How much did Sprint and T-Mobile stock return in the last 12 months?

Sprint and T-Mobile stocks returned -20.5% and 19.6%, respectively, in the last 12 months. Both of them underperformed the S&P 500 Index, which rose 25.7% in the last 12 months.

Is T Mobile merging with Sprint?

Meanwhile, a group of state attorneys general want to stop T-Mobile from merging with Sprint. Nearly 13 state attorneys general and the District of Columbia are suing to block the merger deal. New York and California lead the multistate lawsuit filed in June. The states argue that the merger deal would reduce competition and lead to increased prices for wireless consumers.

Is T-Mobile a part of Dish?

In July 2019, the Department of Justice approved the merger deal. The proposed new T-Mobile agreed to sell some wireless assets to Dish Network (NASDAQ:DISH). Dish will acquire Sprint’s nationwide 800 MHz wireless spectrum for $3.6 billion and prepaid business for $1.4 billion. The company will likely roll out its own wireless network. As a result, T-Mobile and Sprint argue that Dish could be the fourth wireless service provider in the industry.

Is T-Mobile a Sprint?

T-Mobile ( NASDAQ:TMUS) finally has completed its merger with Sprint. The combined company will use the T-Mobile name and its TMUS stock symbol. Sprint will continue as a consumer brand for the foreseeable future.

Is T Mobile a 5G company?

With the merger complete, T-Mobile now shifts its focus to building a nationwide 5G network. Doing that quickly (and well) will help the company in its ongoing battle against AT&T and Verizon.

Did Legere save T-Mobile?

A powerful legacy. It's fair to say that Legere not only rescued T-Mobile , but also changed the wireless industry. The moves he made forced the other big players in the space to make consumer-friendly changes.

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