The merger of T-Mobile and Sprint occurred last year, as the merger was already being reported on in February 2020, before the finalisation thereof two months later in April.
Business insiders and analysts began reporting on the merger of T-Mobile and Sprint in February 2020. The initial writings on the merger were speculative and touched on the implications thereof. Although initially thought to be a merger, it was later revealed that the agreement was an acquisition. As such, Sprint no longer exists and its clientele has been absorbed by T-Mobile.
While the news of the acquisition was publicised in February 2020, the finalisation of the deal was in April 2020. Following the finalisation, T-Mobile used its website and platforms to discuss the implications of the merger for Sprint customers.
In the statement issued, T-Mobile noted, “What’s great is only getting better. We’ll continue our commitment to transforming wireless for good and offering great deals and plan benefits that put customers first.” Additionally, “While we work on bringing everyone over to T-Mobile, Sprint customers can start enjoying T-Mobile Tuesdays and our expanded 5G network. For now, they’ll still access their account, manage their plan, and pay their bills.”
However, despite the deal between the two telecommunications companies being settled in April 2020, Sprint was only completely dissolved as an entity in August 2020. This meant that by then, its clientele had been fully absorbed into the T–Mobile brand and database. In addition to the announcement post, T-Mobile also shared answers to the frequently asked questions (FAQ) for customers seeking clarity on the acquisition.
One entity that reported on the opposition to the acquisition was online publication, Wired, which claimed, “In July 2019, the DOJ filed a complaint that spelled out the merger-related harms. It acknowledged that US wireless consumers ‘have benefited from the competition T-Mobile and Sprint have brought to the mobile wireless industry,’ including the introduction of unlimited data plans to retail customers in 2016, and it concluded that ‘if the merger were allowed to proceed, this competition would be lost.’”