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Sprint Corporation. Sprint Corporation was an American telecommunications company. Before being acquired by T-Mobile US on April 1, 2020, it was the fourth-largest mobile network operator in the United States, serving 54.3 million customers as of June 30, 2019. [3]
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. [1] [2] [3] After a two-year-long approval process the merger was closed on April 1, 2020, [4] [5] [6] with T-Mobile emerging as the surviving brand. The Sprint brand was discontinued by T-Mobile on August 2, 2020.
Allspring Global Investments was originally the asset management unit of Wells Fargo known as Wells Fargo Asset Management (WFAM) that was established in 1995. [2]In October 2020, Wells Fargo was exploring the sale of WFAM as part of its efforts to focus more on core competencies and improve its financial performance after the Wells Fargo cross-selling scandal.
The company’s odd Anglo-Dutch dual corporate structure is a legacy of the consumer goods giant’s beginnings. T-Mobile and Sprint — and 5 Other Surprising Company Mergers During COVID-19 Skip ...
U.S. stocks are in the red this morning, with the S&P 500 and the narrower, price-weighted Dow Jones Industrial Average down 0.88% and 0.77%, respectively, at 10:05 a.m. EDT. SoftBank's final ...
When Sprint Nextel Corp. (NYSE: S) made its $2.1 billion offer yesterday for Clearwire Corp. (NASDAQ: CLWR), it was inevitable that some shareholders would object to the $2.90 per share bid as ...
Republic was an early provider of WiFi-first MVNO services. Created in January 2010 as a subsidiary of Bandwidth.com, the company announced it would provide a monthly subscription of $19 per month for wireless service with unlimited calling, texting, and data on a "Hybrid Calling" system.
The CTIA just recently released some stats on the domestic wireless industry. Incredibly, mobile data usage posted a 104% jump to 1.16 trillion megabytes of data delivered through U.S ...