Looking into the Details of the T-Mobile-Sprint Merger
Five months after ending their merger discussions, T-Mobile (TMUS) and Sprint (S) have again decided to come together. On April 29, T-Mobile announced an all-stock offer for Sprint shareholders that would give Sprint an implied enterprise value of $59.0 billion. The proposed merger between the third- and the fourth-largest companies in the wireless space marks the third attempt by the companies to form a telecom (telecommunications) giant enough to compete with top players Verizon (VZ) and AT&T (T) in the industry.