A few weeks ago, T-Mobile USA and Sprint Corporation jointly announced their intent to merge into a singular company, going under the name of "The New T-Mobile." This new combined company is said to be owned more directly by the German company Deutsche Telekom, the current partial owner of the current iteration of T-Mobile USA (T-Mobile). It is not confirmed yet as to whether Softbank, the Japanese partial owner of Sprint, will own a stake in the new company.
In a video released by T-Mobile, the combined company will focus on trying to be the first and most effective to be able to provide 5G networks to the American people by 2025. They also stated that only the combined company will effectively be able to do so, and state their plan is more effective than that planned by Verizon Communications. The combined company would have a portfolio of brands owned by the company, including, but not limited to, T-Mobile, Sprint, MetroPCS, Boost Mobile, and Virgin Mobile.
The plans for this company are not completely confirmed yet, and the companies will have to pass their new agreement through the various legal departments, and will have to get their merger approved. It has been stated that the two companies will continue competing against each other in the same manner as before, both advertising unlimited networks and no contracts, until the merger is completed in 2019.
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