T-Mobile, Sprint, Eager to Challenge AT&T, Verizon, Get Big Approval for ‘Consumer-Harming’ Merger

Business Celebration

… powerful opposition, we won’t hesitate to stand up for consumers who deserve choice and fair prices,” Becerra said. “We’ll stand on the side of competition over megamergers, every time. And our coalition is prepared to fight as long as necessary to protect innovation and competitive costs.”

T-Mobile promised several benefits in a celebratory news release, including the goal of employing 3,500 more full-time U.S. workers than Sprint and T-Mobile would have without a merger and multiplying the T-Mobile 5G network capacity by a factor of 14 by 2024.

Sprint executive chairman Marcelo Claure said the decision establishes that the merger will serve U.S. consumers.

“Today brings us a big step closer to creating a combined company that will provide nationwide 5G, lower costs, and a high-performing network that will invigorate competition to the benefit of all mobile wireless and in-home broadband consumers,” Claure said. “With the support of federal regulators and now this Court, we will focus on quickly completing the few remaining necessary steps to close this transaction. I am proud of my Sprint team’s dedication, passion and resilience throughout the merger review process, and we are ready to make the vision of a New T-Mobile a reality.”

While regulatory debates have centered around the consumer impact, both companies sell indirectly and will need to decide how consolidation will impact their channel programs.

Check out USA Today’s article to read more analysis and view the judge’s 173-page ruling.

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