What Does The Merger Mean For Sprint Customers?

What happens to Sprint stock after merger?

T-Mobile shareholders will now get about 11 shares of Sprint (S) each in exchange for one share of T-Mobile.

After the merger is completed, Deutsche Telekom and SoftBank will be the largest owners of the new T-Mobile, with approximately 43% and 24% stakes in the company respectively..

Is Sprint going away?

Say goodbye to Sprint. The Sprint brand will disappear this summer, T-Mobile has confirmed. During an investment call earlier this week, new T-Mobile CEO Mike Sievert said that while the newly merged carrier hasn’t decided an exact date yet, the unified rebranding will come in midsummer.

Is Sprint any good?

Sprint’s Coverage: The Good and the Bad While they do have the worst coverage in the country, Sprint offers some of the most competitive prices of the major carriers. The Good: … Sprint plans are perk heavy and relatively low in price (compared to the other major carriers)

What does T Mobile Sprint merger mean for Sprint customers?

What the T-Mobile and Sprint Merger Means for You. … T-Mobile successfully acquired Sprint as of April 1, becoming one company and effectively bringing the total number of major US cell carriers from four down to three.

How will the merger affect Sprint customers?

For Sprint customers, it’s a little more complicated. The majority will transfer to T-Mobile plans as the brand is absorbed. But users of Sprint’s prepaid brands, including Boost Mobile, Virgin Mobile and Sprint prepaid, will become customers of Dish Network, a satellite TV company based in Colorado.

What will happen when Sprint and T Mobile merge?

For now, customers will use two distinct networks, Sprint and T-Mobile. Both Sprint and T-Mobile customers will continue to get great coverage, and over time the two networks will combine to create one supercharged network. Meanwhile, we’re working on ways to make it easy to migrate Sprint customers who wish to do so.

Will T mobile coverage improve with Sprint?

Coverage will improve. T-Mobile has identified 11,000 Sprint cell sites that they’re going to keep long-term for coverage and capacity. … They might allow devices to switch between networks immediately, but they might just work on moving the Sprint keep sites to the T-Mobile network and switch the Sprint customers over.

Can Sprint customers switch to Tmobile?

Sprint and T-Mobile are merging-finally. If you’re an existing Sprint customer, there’s nothing you need to do yet. Your phone will still work, your plan won’t change, and you can go to the same stores for service.

Which is better T Mobile or Sprint?

Data hogs: Pick T-Mobile. Sprint’s Unlimited plans give you 23 GB of 4G LTE data per month, but that can’t compare to T-Mobile’s Magenta plan’s generous 50 GB allotment. Speed lovers: Pick T-Mobile. T-Mobile consistently has higher and more reliable data speeds than Sprint, countrywide.

What happens to Sprint plans after merger?

Sprint and T-Mobile are merging—finally. If you’re an existing Sprint customer, there’s nothing you need to do yet. Your phone will still work, your plan won’t change, and you can go to the same stores for service. … Older Sprint phones will work until the end of 2021, and your service plan is safe until 2023.

Do Sprint and Tmobile use the same towers?

After some important behind-the-scenes factors are ironed out, Sprint users will be able to use T-Mobile cell towers and T-Mobile users will be able to reach Sprint towers. This means more coverage and likely little to no change in price (at least not higher prices) for existing customers.