HyperLoop555

#TMobile #Sprint #Merger #ATT #Verizon #Dish A bigger-is-better mentality has swept the tech and media industries over the past 18 months, as companies have spent $200 billion on a series of megamergers that have reshaped the American business landscape. The Trump administration has  mostly  been a cheerleader for the corporate supersizing. And on Tuesday a federal judge ruled in favor of T-Mobile’s planned takeover of Sprint. The long-in-the-works merger would combine the nation’s third- and fourth-largest wireless carriers, creating a telecommunications giant to take on AT&T and Verizon. The new company, to be called T-Mobile, would have about 100 million customers. The deal has come about as digital technology has woven itself into the fabric of daily life, changing how people use their phones and forcing wireless carriers, television networks and movie studios to move away from the analog systems that once dominated the entertainment and communications industries.

The FCC voted to approve the merger of Sprint and T-Mobile. This paved the way for the deal to be finalized as the DOJ has already approved of the merger. According to the FCC Sprint and T-Mobile have also agreed that within six years, 90% of Americans would have access to mobile service with speeds of at least 100 Mbps and 99% of Americans would have access to speeds of at least 50 Mbps. Now T-Mobile says they will  announce  their plans for a “New T-Mobile” that will combine T-Mobile and Sprint  at 10 AM Eastern. According to T-Mobile, this  New T-Mobile  will offer a “real, nationwide 5G for All, the New T-Mobile will open massive wireless highways and lower prices for ALL Americans. We can ignite innovation and challenge a failed status quo. A status quo that opponents of this merger want to preserve. A status quo that has left too many Americans looking across a Digital Divide, paying too much for too little, with too few options, tolerating terrible treatment and believing