Sprint subsumed to T-Mobile

T-Mobile completed its $31.5 billion merger with Sprint, reducing the number of dominant wireless carriers to three alongside AT&T Mobile and Verizon Wireless over a challenge from Connecticut’s attorney general and counterparts in a dozen other states. The companies completed the deal despite the disruption of the coronavirus pandemic, even as they ready to build out “5G” wireless systems that in time could provide a broadband alternative. T-Mobile agreed to sell some of its 5G assets to Dish Network which will use it as the basis for its own broadband offering.