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T-Mobile’s merger pitch to Congress is about China beating America on 5G
https://www.theverge.com/2019/2/12/18222545/t-mobile-sprint-merger-china-5g-john-legere
The CEO of T-Mobile and executive chairman of Sprint are set to be heard in front of House lawmakers tomorrow about their proposed merger, but newly released testimony is already giving a glimpse into how the companies will make their case. In one word: China.
In prepared remarks, T-Mobile CEO John Legere ties the proposed merger to “American innovation and national security,” and specifically argues that the merger will be necessary to make the United States a leader on next-generation 5G network technology. “The stakes are high — nothing less than preserving our edge in innovation and maintaining our security,” he plans to say.