Once upon a time, there were wireless telecommunications facilities-based service providers. Their names were Verizon, AT&T, T-Mobile, and Sprint. If you know anything about data carriers, you must know that these are the four most common and popular well-known companies that provide the network for your phone’s connection. Verizon and AT&T are the two biggest ones, following up on the two smaller ones which are T-Mobile and Sprint. Verizon’s net worth is 364 billion and AT&T’ net worth is 200 billion. T-Mobile and Sprint are worth around 146 billion combined. With T-Mobile having 72.6 million customers individually and Sprint having 53.6 million customers individually. Now, there are rumors and speculation going around last year about it in April 2018. On June 2018 they have made it official. This combined company will bring about 126 million customers which brings it closer to rivals AT&T(141 million customers) and T-Mobile(150 million customers). This merger could mean improvement in 5G wireless technology which promises much faster connectivity and speeds. Right now, the FCC(Federal Communications Commission) is reviewing is, but pretty soon, it’s bound to happen. T-Mobile and Sprint have begun the next steps towards making the merger a reality by filling its Public Interest Statement(PIS) to the FCC. In that PIS, they’ve talked about how they can reimburse the stock market and initiate a world-class 5G network that will surpass Verizon and AT&T. Customers can also pay less and receive more with improved signal quality and increased network capacity. SO according to both carriers, customers could see a 55 percent decrease per gigabyte and a 120 percent increase in cellular data supply. So, yeah these are all possible outcomes for what can happen if both of these companies merge and I really hope they do so soon so they can dominate the economy in telecommunications.
T-Mobile and Sprint Merging?
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