US: T-Mobile’s CEO heads to Capitol Hill to defend Sprint deal

T-Mobile US CEO John Legere heads to Capitol Hill this week to defend his proposed takeover of Sprint, Bloomberg reported.

Legere is set to appear Wednesday, February 13, before a House panel about the US$26.5 billion tie-up, which would unite the No. 3 and 4 US mobile carriers, sparking fears of higher prices as competition is lost. Sprint and T-Mobile claim the merger will make a stronger rival of leading providers AT&T and Verizon Communications.

The hearing before a panel of the House Energy Committee is shaping up to be a tougher test for Legere and Sprint Chairman Marcelo Claure than when they appeared before the Senate last year after the deal was announced. Since then, deal opponents—including Dish Network, Altice USA and policy groups—have been able to refine their arguments against the merger and organize against it.

Full Content: Bloomberg

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