Two telecoms complete a merger expected to speed 5G broadband deployment.
Broadband wireless company T-Mobile, the third-largest telecommunications carrier in the United States, completed the acquisition of its rival Sprint, the fourth-largest wireless company, the company announced in a news release on April 1.
The merger is expected to allow T-Mobile to successfully compete with AT&T and Verizon, the first- and second-largest telecoms, respectively. The merger is also expected to accelerate the rollout of fifth-generation, or 5G, wireless technology, and provide new broadband access in rural areas.
Approval of the deal by the Federal Communications Commission, the U.S. Department of Justice, and two U.S. District Courts required T-Mobile and Sprint to transfer some assets to the Dish network, which is primarily a satellite televion provider, creating what regulators hope will be a fourth nationwide wireless network.
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