This year, the merger between Sprint and T-Mobile is official. Softbank, the owner of Sprint and Deutsche Telecomm, the owner of T-Mobile had already negotiated and approved the deal but the deal had to clear government scrutiny. The US Justice department has now approved the deal. The deal is complicated. Sprint will sell off its Boost mobile business and some signal to Dish Network to allow the 3rd and 4th largest carriers to merge together. The new company will be under the T-Mobile brand and with government approval, changes should start taking place in 2020. There are still many people, including customers, that don’t want the two companies to merge and the deal was plagued with anti-trust issues which is why the deal is complicated and involves a 3rd company. It seems like now it is moving forward.
Here’s a video from CBS News on the announcement and what it means for consumers.