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BRIEF-T-Mobile Us Inc - Boost Mobile, One Of Sprint's Existing Prepaid Brands, Will Be Divested To A Serious And Credible Buyer

Brands, Will Be Divested To A Serious And Credible Buyer@

May 20 (Reuters) - Sprint Corp:

* T-MOBILE US INC - BOOST MOBILE, ONE OF SPRINT'S EXISTING PREPAID BRANDS, WILL BE DIVESTED TO A SERIOUS AND CREDIBLE BUYER

* T-MOBILE - RECONFIRM PRIOR COMMITMENT TO MAKE AVAILABLE SAME OR BETTER RATE PLANS AS THOSE OFFERED BY T-MOBILE OR SPRINT AS OF FEB 4, 2019 FOR 3 YRS

* T-MOBILE US - COMPLETION OF SPRINT MERGER REMAINS SUBJECT TO NEW T-MOBILE NOT EXERCISING TERMINATION RIGHTS UNDER ALTICE'S MVNO AGREEMENT WITH SPRINT

* T-MOBILE US - NEW T-MOBILE WILL NOT EXERCISE ANY TERMINATION RIGHTS UNDER ALTICE'S MVNO AGREEMENT WITH SPRINT THAT MIGHT BE TRIGGERED BY MERGER

* T-MOBILE US - PARTIES COMMITTED THAT, WITHIN THREE YEARS OF CLOSING, NEW T-MOBILE WILL COVER THREE-FOURTHS OF U.S. POPULATION WITH MID-BAND SPECTRUM

* T-MOBILE - SPRINT MERGER COMPLETION SUBJECT TO NEW T-MOBILE ENGAGING IN NEGOTIATIONS TO EXPAND EXISTING SPRINT-ALTICE AGREEMENT TO NEW T-MOBILE 5G NETWORK

* T-MOBILE US INC - PARTIES COMMITTED THAT, WITHIN THREE YEARS OF CLOSING, NEW T-MOBILE WILL COVER 97 PERCENT OF U.S. POPULATION WITH LOW-BAND SPECTRUM

* T-MOBILE - WITHIN SIX YEARS OF CLOSING, PARTIES COMMITTED TO DEPLOYING A 5G NETWORK WITH LOW-BAND COVERAGE OF AT LEAST 99 PERCENT OF U.S. POPULATION

* T-MOBILE - PARTIES COMMITTED THAT, WITHIN 3 YRS OF CLOSING, NEW T-MOBILE WILL MARKET IN-HOME BROADBAND SERVICE TO AT LEAST 9.6 MILLION ELIGIBLE HOUSEHOLDS

* T-MOBILE - WITHIN SIX YEARS OF CLOSING, PARTIES COMMITTED TO DEPLOYING A 5G NETWORK WITH MID-BAND COVERAGE OF AT LEAST 88 PERCENT OF U.S. POPULATION

* T-MOBILE US INC - WITHIN SIX YEARS OF CLOSING, PARTIES COMMITTED TO DEPLOYING A 5G NETWORK, WITH A MINIMUM NUMBER OF 5G SITES NATIONWIDE

* T-MOBILE US INC - COMMITTED THAT NEW T-MOBILE WILL ACCELERATE DEPLOYMENT OF MID-BAND AND LOW-BAND SITES IN RURAL AMERICA.

* T-MOBILE US INC - HIGH-CAPACITY MID-BAND SPECTRUM WILL BE EXTENDED TO 6.5 MILLION MORE RURAL AMERICANS IN FIRST THREE YEARS OF DEPLOYMENT Source text for Eikon: https://bit.ly/2El7V69 Further company coverage: