T-Mobile US provides services through its subsidiaries and operates its flagship brands, T-Mobile and MetroPCS.
Its ratings follow Sprint and T-Mobile's announcement that the companies have entered into definitive agreements to merge operations through an all-stock transaction with an exchange ratio of 9.75 Sprint shares for each
T-Mobile US share.
Washington DC [United States], Apr 30 ( ANI ): US wireless carriers
T-Mobile US Inc.
In bidding for
T-Mobile US, the French broadband and mobile provider is taking aim at a target much bigger than itself.
John Legere, current President and Chief Executive Officer of
T-Mobile US and the creator of T- Mobile's successful Un-carrier strategy, will serve as Chief Executive Officer, and Mike Sievert, current Chief Operating Officer of T-Mobile, will serve as President and Chief Operating Officer of the combined company.
Last April,
T-Mobile US and Sprint entered into a definitive agreement to merge in an all-stock transaction at a fixed exchange ratio of 0.10256 T-Mobile shares for each Sprint share or the equivalent of 9.75 Sprint shares for each
T-Mobile US share.
American Tower Corporation (AMT) released information about its business in light of the proposed merger between Sprint (S) and
T-Mobile US (TMUS) for the quarter ended December 31, 2017, Sprint and
T-Mobile US each accounted for approximately 8% of American Tower's consolidated property revenues.
5 April 2019 - Merging US mobile operators
T-Mobile US (NASDAQ: TMUS) and Sprint Corp.
30 January 2019 - Merging US mobile operators
T-Mobile US (NASDAQ: TMUS) and Sprint Corp.
T-Mobile US has received shareholder approval on proposals related to the company's previously announced merger with Sprint Corporation (NYSE: S).