Wednesday, 19 December 2018 08:08

T-Mobile-Sprint merger cleared after deal to exclude Huawei

By
T-Mobile-Sprint merger cleared after deal to exclude Huawei Pixabay

T-Mobile US and Sprint have been given permission to go ahead with their proposed merger after national security reviews cleared the deal, which is now expected to be finalised in the first half of 2019.

The US Committee on Foreign Investment, the Justice Department, Department of Homeland Security and Defence Department all gave the green light for the two companies to merge, a statement from T-Mobile said.

The four agencies are together known as Team Telecom.

John Legere, chief executive of T-Mobile US, said: "We are pleased to achieve both of these important milestones in the journey to build the New T-Mobile.

"We are a step closer to offering customers a supercharged disruptor that will create jobs from day one and deliver a real alternative to fixed broadband while delivering the first broad and deep nationwide 5G network for the United States.

“These approvals assure the strong partnership both companies have with the US Government will continue with the New T-Mobile.

"We look forward to continuing our discussions with the remaining regulatory agencies reviewing our transaction to share our story and subsequently achieve similar positive results.”

The go-ahead for the merger of the third and fourth biggest mobile networks in the US was expected after reports that both Deutsche Telekom, the majority owner of T-Mobile, and Sprint's majority owner, Japanese firm SoftBank, had agreed to exclude Chinese telecommunications giant Huawei as a supplier.

The US has banned the use of Huawei equipment in its 5G networks, claiming that the company can be a conduit for spying by Beijing. Huawei has repeatedly denied that it can be forced to indulge in espionage.

Australia and New Zealand have both followed the US lead and banned Huawei from roles in their respective 5G rollouts.

LEARN HOW TO BE A SUCCESSFUL MVNO

Did you know: 1 in 10 mobile services in Australia use an MVNO, as more consumers are turning away from the big 3 providers?

The Australian mobile landscape is changing, and you can take advantage of it.

Any business can grow its brand (and revenue) by adding mobile services to their product range.

From telcos to supermarkets, see who’s found success and learn how they did it in the free report ‘Rise of the MVNOs’.

This free report shows you how to become a successful MVNO:

· Track recent MVNO market trends
· See who’s found success with mobile
· Find out the secret to how they did it
· Learn how to launch your own MVNO service

DOWNLOAD NOW!

Sam Varghese

website statistics

Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

VENDOR NEWS & EVENTS

REVIEWS

Recent Comments