Sprint

T-Mobile and Sprint Agree to $26.5 Billion USD Merger Deal

U.S. telecom giants T-Mobile US and Sprint said yesterday they had agreed to a $26.5 billion USD all-stock deal that could dramatically reshape the industry and test consumers' and regulators' appetites for further corporate consolidation. According to a report from Bloomberg, the two companies said they believed they could win over skeptical regulators because the merger...

Sprint to Buy 33% Stake in Streaming Music Service Tidal

Sprint has today announced that it will acquire 33% of Tidal, the high definition music streaming service owned by rap artist Jay Z. According to the U.S. wireless carrier, it wants to offer its 45 million retail customers unlimited access to exclusive artist content not available anywhere else. Jay Z and other artist-owners will continue to run Tidal as it pioneers,...