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A few months ago we
first heard of the intention of the mother companies of Sprint and T-Mobile to
merge, which means T-mobile’s mother company Deutsche Telecom will sell it to
Sprint’s mother company Softbank.
Now, it seems the
deal is in its final stages, with the last few inconsistencies getting ironed
out, and an official announcement of the merging seems imminent. However, once
the announcement is made it won’t be a day’s deal.
Once the intention
is made public, the US regulators take a long time to process out the deal and
give all the necessary approvals. It could take up to a year until they
actually get all the necessary approvals for finalizing the purchase.
If the move
succeeds, the results should be pleasing especially for Sprint customers, as it
will mean Sprint will slash the prices in order for T-Mobile and Sprint fares
to be equal. Currently, Sprint’s customers pay around $62 on mobile, while their
T-Mobile equivalents pay $50.
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