Both sides are eager to finally close the deal.
Both companies said on Thursday that they plan to finalize the merger as soon as April 1, which sent Sprint shares up more than 4% after the announcement while T-Mobile shares fell 1.5%.Sprint stock rose another 6.5% on Friday morning, while T-Mobile shares fell 0.7%. Before the merger was approved by a judge last week, Sprint shares were trading at a.
“Today’s announcement is another significant step forward toward finally closing this transaction! Throughout this journey, T-Mobile and Sprint have been singularly focused on one thing: building a supercharged Un-carrier that will offer U.S. consumers a broad and deep nationwide 5G network, more choice and greater competition,” said T-Mobile CEO John Legere. “We are now on the threshold of achieving our goal.
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