Sprint and T-Mobile to file Merger papers on Monday (6/18/18)

Sprint Corp and T-Mobile US Inc have informed the Federal Communications Commission that they will formally file an application asking for approval to merge on Monday, according to a document seen by Reuters.”

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“The document, which was filed to the FCC on Thursday, also requests a protective order that would shield sensitive corporate information from public view,” Reuters reports. “The two companies, which are the third- and fourth-largest wireless carries, agreed to a $26 billion [sic] [recte $146 billion] all-stock deal in April that they said would create thousands of jobs and help the United States beat China to creating the next generation mobile network.”

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Dan Uff

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