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The Top 10 Telecom Mergers And Acquisitions Of 2020 (So Far)

2020 hasn't been the year of outrageous price tags, but there's still plenty of M&A action happening in the telecom space. Here's a roundup of 10 of the biggest telecom mergers and acquisitions that we've seen so far this year.

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1. Sprint, T-Mobile Finally Come Together 

The third- and fourth-largest wireless giants in the U.S. first proposed their fourth merger attempt in April 2018 and after two years of planning and negotiations, the $26.5 billion deal was sealed on April 1, 2020.

The two companies are now in the process of forming "the New T-Mobile" under Mike Sievert, T-Mobile's former COO, who became CEO of the combined company in April.

Via the terms of the deal's approval by the U.S. Department of Justice, the combined company had to divest Sprint’s prepaid businesses and Sprint’s 800MHz spectrum assets to satellite TV provider Dish Network. The New T-Mobile now must provide Dish wireless customers access to its network for seven years and offer standard transition services arrangements to Dish during a transition period of up to three years.

 
 
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