T-Mobile (NASDAQ: TMUS) has announced that it is currently financially prepared to close its planned merger with Sprint, based on its previously secured commitments for bridge financing and senior credit facility financing, subject to the satisfaction of customary closing conditions under its commitment letter, the company said.
The company has been in communication with all 16 banks and has not received any notification that any of the banks are unprepared to fund their commitments to support the closing of the merger transaction. The companies continue to drive forward toward closing the merger as soon as possible.
The T-Mobile and Sprint combination remains subject to certain closing conditions. Additional information can be found at www.NewTMobile.com.
As America´s Un-carrier, T-Mobile US, Inc. (NASDAQ: TMUS) is redefining the way consumers and businesses buy wireless services through product and service innovation. For more information, visit http://www.t-mobile.com.