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The Story of Money

The long courtship between Sprint and T-Mobile

The Story of Money

Manuela Saragosa

Business, Crypto, Markets, Finance, Banking, Investing, History, News

4.4400 Ratings

🗓️ 19 February 2019

⏱️ 25 minutes

🧾️ Download transcript

Summary

Sprint and T-Mobile have a long on-again, off-again history. Together the companies serve a combined total of about 30 per cent of the US mobile market. Now, after a third attempt at merging, the companies are awaiting regulatory approval from the Trump administration. The decision could shape the telecoms industry and American consumer options for decades to come. 

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Transcript

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0:00.0

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0:30.0

T-Mobile and Sprint. These are two wireless companies that serve a combined total of about 30% of the US mobile market.

0:39.0

They're also two companies with a long on-, off again history.

0:43.0

Well, at least when it comes to deal making.

0:45.0

And now, after a third attempt at getting together,

0:48.0

the companies are awaiting regulatory approval

0:50.0

from the Trump administration,

0:52.0

all while Democrats on Capitol Hill

0:54.0

voiced their opposition to the deal.

0:56.0

Tell me why you think this isn't going to result in some of the things we've seen in

...

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