T-Mobile, Sprint execs defending merger to lawmakers

T-Mobile, Sprint execs defending merger to lawmakers

5 years ago
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https://apnews.com/ce07aeed2cab4f3483f065d6d701fcb6

WASHINGTON (AP) — 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.