Sprint will sell off Boost Mobile if merger with T-Mobile is approved
Sprint has promised to sell off Boost Mobile, one of its prepaid wireless brands, if its merger with T-Mobile is approved. Both Sprint and T-Mobile operate a number of prepaid subsidiaries, and the Federal Communications Commission was concerned that putting them all under one roof could stifle competition.
The promise was announced this morning along with further commitments about 5G deployment meant to win merger approval. FCC chairman Ajit Pai said he’d recommend approving the Sprint–T-Mobile merger on account of the new commitments.
Sprint disclosed having 8.8 million prepaid customers in its most recent earnings report. The majority of those are likely on Boost Mobile, but the carrier…