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Stockreport

T-Mobile and Sprint soar as FCC chairman says he'll recommend merger [Los Angeles Times (CA)]

T-Mobile US, Inc. (TMUS)  More Company Research Source: Los Angeles Times
Last t-mobile us, inc. earnings: 2/6 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.t-mobile.com
T-Mobile and Sprint soar as FCC chairman says he'll recommend merger Federal Communications Commission Chairman Ajit Pai said Monday he would recommend approval of the $26.5-billion T-Mobile US Inc.-Sprint Corp. merger, after the companies made commitments including asset sales and rural-service guarantees. Shares of both companies jumped in pre-market trading after the announcement. The promises include the sale of one of their prepaid brands, a three-year buildout of their 5G network, and a reiterated pledge not to raise prices while the network is being constructed. The new pledges follow talks with the FCC. Bloomberg News reported the coming concessions Sunday, and Reuters reported Monday morning that an announcement was imminent. Sprint shares jumped 25% in early trading, while T-Mobile rose 5.4%. “Two of the FCC’s top priorities are closing the digital divide in rural America and advancing United States leadership in 5G, the next generation of wireless connectivity,” Pai said in [Read more]
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Stockreport

T-Mobile and Sprint soar as FCC chairman says he'll recommend merger [Los Angeles Times (CA)]

T-Mobile US, Inc.  (TMUS) 
More Company Research Source: Los Angeles Times
Last t-mobile us, inc. earnings: 2/6 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.t-mobile.com
T-Mobile and Sprint soar as FCC chairman says he'll recommend merger Federal Communications Commission Chairman Ajit Pai said Monday he would recommend approval of the $26.5-billion T-Mobile US Inc.-Sprint Corp. merger, after the companies made commitments including asset sales and rural-service guarantees. Shares of both companies jumped in pre-market trading after the announcement. The promises include the sale of one of their prepaid brands, a three-year buildout of their 5G network, and a reiterated pledge not to raise prices while the network is being constructed. The new pledges follow talks with the FCC. Bloomberg News reported the coming concessions Sunday, and Reuters reported Monday morning that an announcement was imminent. Sprint shares jumped 25% in early trading, while T-Mobile rose 5.4%. “Two of the FCC’s top priorities are closing the digital divide in rural America and advancing United States leadership in 5G, the next generation of wireless connectivity,” Pai said in [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TMUS
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Price Change %
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%
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Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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%
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%
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS