Wednesday, February 13, 2019

T-Mobile, Sprint execs defending merger to lawmakers

Boston Herald
With their $26.5 billion merger hanging in the balance, top executives of T-Mobile and Sprint are taking their case to Congress, arguing that joining their companies won’t hurt competition or jack up consumer prices for wireless service.

But they’re likely to face a skeptical audience at a hearing Wednesday. The deal, which must win approval from federal regulators, would combine the nation’s third- and fourth-largest wireless companies, creating a new behemoth roughly the size of industry giants Verizon and AT&T.. . . more