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New T-Mobile: A child born of 5G
On 29 July, the US Department of Justice provided clearance for the merger of T-Mobile and Sprint into an entity called New T-Mobile. The transaction is contingent on Sprint divesting its prepaid business and a portion of spectrum to Dish (for $5 billion), ostensibly to keep the US a four-player market in the long term. However, the US market will be fundamentally reshaped into a 30/30/30 set-up; all is to play for in 5G, which will reach 50% penetration in the US by 2025.