T-Mobile US Surges as Sprint Deal Stews

T-Mobile US formally closed its seventh quarter of business since it announced plans to acquire Sprint for $26.5 billion, and the result still lingers. Irrespective of the merger’s outcome, which awaits a federal judge’s decision and approval by the California Public Utilities Commission, the final quarter of 2019 was arguably its most consequential yet. It’s been a little more than two months since T-Mobile activated what it describes as America’s first “nationwide” 5G network covering more than 200 million potential people and a geographic range of more than 1 million square miles. The carrier was the last of the big four nationwide operators to deploy 5G, but it is now well in the lead in terms of 5G coverage and availability.