US: T-Mobile and Sprint to defend before house

US: T-Mobile and Sprint to defend before house

According to a report from Bloomberg, T-Mobile CEO John Legere and Sprint Chairman Marcelo Claure have agreed to testify about their planned US$26.5 billion merger before a Democratic-controlled House panel. The hearing, scheduled for February 13, gives Representative David Cicilline of Rhode Island, the chairman of the House Antitrust Subcommittee, an opportunity to examine a […]

US: House committees to hold joint hearing on T-Mobile-Sprint merger

US: House committees to hold joint hearing on T-Mobile-Sprint merger

Two US House panels will hold a joint hearing on Feb. 13 on T-Mobile US and Sprint proposed $26 billion merger and its potential impact on consumers, The Hill reported. The House Energy and Commerce Committee and the Judiciary Committee will hold a joint hearing to “examine the merger’s potential impacts on consumers, workers and the wireless […]

US: Democrats want another hearing on T-Mobile-Sprint merger

US: Democrats want another hearing on T-Mobile-Sprint merger

In a letter sent to two top members of the US Senate Commerce, Science, and Transportation Committee, five US Senate Democrats called for a hearing on the potential effects of the proposed merger between T-Mobile and Sprint, reported CNET. The letter brought up concerns that the merger could lead to higher prices, fewer choices, and […]

US: Former DOJ chief counsel sees T-Mobile, Sprint merger affecting the poor

US: Former DOJ chief counsel sees T-Mobile, Sprint merger affecting the poor

The poorest US consumers would lose most from the proposed tie-up of wireless carriers T-Mobile US Inc and Sprint, according to consumer advocates who warned the combined company would hike fees for pre-paid and other low-cost mobile phone plans, reported Reuters. T-Mobile and Sprint announced a US$26 billion all-stock deal on Sunday, April 29, saying […]

US: T-Mobile and Sprint are in merger talks

US: T-Mobile and Sprint are in merger talks

T-Mobile and Sprint are in active talks about a merger, according to the Financial Times. Both companies and their parents, Deutsche Telekom and Softbank, have been in frequent conversations about a stock-for-stock merger in which T-Mobile parent Deutsche Telekom would emerge as the majority owner. People close to the situation stress that negotiators are still […]