T-Mobile Is More Confident Than Ever About Sprint Merger
T-Mobile (NASDAQ: TMUS) reported third-quarter earnings results earlier this week, and of course the looming merger with Sprint (NYSE: S) was on everyone's minds. Merger-related costs continue to add up: $159 million in the third quarter with another $125 million to $150 million expected in the fourth quarter.
Last week, Colorado withdrew from the multistate lawsuit that is seeking to block the deal, as T-Mobile and Sprint continue to make state-specific concessions, typically related to 5G technology and pricing commitments, to various states to win over their support. Here's what T-Mobile had to say about the blockbuster deal.
T-Mobile executives discuss third-quarter results. Image source: T-Mobile.
Source Fool.com