T-Mobile To Buy Sprint-Branded Wireless Assets; Street Is Bullish
January 05 2021 - 05:06AM
TipRanks
T-Mobile US announced the acquisition of the Sprint-branded
wireless operating assets of Brookings Municipal Utilities (BMU) in
Brookings, South Dakota, for an undisclosed sum. The US wireless
carrier T-Mobile (TMUS) said that the acquisition will include
BMU's wireless network, retail stores, and PCS (personal
communications service) spectrum. The deal, which is expected to
close in the first quarter of 2021, will help T-Mobile to further
expand its retail distribution and network coverage in new
regions.
https://www.tipranks.com/news/t-mobile-to-buy-sprint-branded-wireless-assets-street-is-bullish