Company | T-Mobile (TMUS) | Sprint (S) |
Ranking by total number of customers | No. 3 | No. 4 |
Employees | 52,000 | 30,000 |
Revenue | $43.3B | $33.6B |
Price per share (Following announcement 7/26/19) | $82.53 | $7.90 |
Shares outstanding | 854,303,011 | 4,090,807,600 |
Market cap | $70.51B | $32.32B |
Total wireless customer count | 81.3M | 54.5M |
Total wireless postpaid | 45.54M | 32.77M |
Total wireless prepaid | 21.2M | 8.8M |
Coverage map | ||
Retail store numbers | 2,200 | 3,800 |
5G coverage | Atlanta, Cleveland, Dallas, Las Vegas, Los Angeles, New York | Current: Atlanta, Dallas, Houston, Kansas City (Expected: Chicago, Los Angeles, New York, Phoenix, Washington D.C.) |
Spectrum for 5G | mmWave | Sub-6GHz (2.5GHz) |
Peak 5G download speed | 583 Mbps | 484 Mbps |
5G phones | Galaxy S10 5G | LG V50; Galaxy S10 5G |
T-Mobile CEO John Legere, left, and Sprint Executive Director Marcelo Claure pose before testifying to the House Judiciary Committee's Antitrust, Commercial and Administrative Law Subcommittee in March.
Getty ImagesT-Mobile and Sprint got the go-ahead for their $26 billion merger Friday from the US Department of Justice. The merger will create a carrier that has the size and scale to better go toe-to-toe with industry leaders Verizon and AT&T in an effort to attract consumers by offering better service at lower prices.
The DOJ wasn't alone in scrutinizing the merger between T-Mobile and Sprint. Thirteen state attorneys general, including New York's and California's, filed a lawsuit alleging the merger would raise prices for consumers.
While the Federal Communications Commission gave the deal its approval last month, the DOJ was looking for T-Mobile to sell off additional assets to create a new wireless competitor. In response to the DOJ's concerns, T-Mobile reached a deal with Dish Network. The satellite provider would receive wireless spectrum from T-Mobile and Sprint's prepaid wireless network, Boost Mobile.
To ease antitrust concerns, T-Mobile and Sprint have promised to hold prices steady for three years. They've also pledged to create customer service centers to spur job growth.
Here's a comparison of how T-Mobile and Sprint stack up:
Discuss: T-Mobile-Sprint: Key stats before the merger
Be respectful, keep it civil and stay on topic. We delete comments that violate our policy, which we encourage you to read. Discussion threads can be closed at any time at our discretion.