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The new BCA gives an exchange ratio of 11.00 Sprint shares for each T-Mobile share, up from the original agreement of 9.75 Sprint shares. SoftBank, Sprint's owner, has agreed to surrender 48.8 million T-Mobile shares acquired in the merger to the New T-Mobile, making SoftBank's effective ratio of 11.31 shares per T-Mobile share.
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SoftBank, by contrast, is seeking to own and operate Sprint's nationwide fiber backbone and wireless networks. Sprint is a leading contractor to the U.S. government and has multiple contracts with ...
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In November 1995, the company began to offer wireless service under the Sprint Spectrum brand in the Baltimore-Washington metropolitan area. [44] This was the first commercial Personal Communications Service (PCS) network in the United States. [44] Although the Sprint PCS service was CDMA, the original Washington-area network used GSM. [44]
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For premium support please call: 800-290-4726 more ways to reach us
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