The DOJ's Plan To 'Fix' The T-Mobile Merger Isn't Going To Work

The DOJ's Plan To 'Fix' The T-Mobile Merger Isn't Going To Work

5 years ago
Anonymous $9jpehmcKty

https://www.techdirt.com/articles/20190729/07261642669/dojs-plan-to-fix-t-mobile-merger-isnt-going-to-work.shtml

As expected, the Department of Justice has signed off on T-Mobile's controversial $26 billion merger with Sprint. You'd be hard pressed to find many objective folks who think greater consolidation in the telecom space is a good idea, given the deal will likely result in less competition, higher prices, and some major job cuts as redundant positions are inevitably eliminated. And in countries where four major wireless carriers were reduced to three, the resulting problems are usually pretty damn obvious.

Still, both the FCC and DOJ have tripped over themselves to approve the deal after T-Mobile's full-court lobbying press, which has included hiring Trump allies like Corey Lewandowski as advisors, and pandering up to the Trump administration by ramping up patronage of Donald's hotels.

The DOJ's Plan To 'Fix' The T-Mobile Merger Isn't Going To Work

Jul 31, 2019, 2:38pm UTC
https://www.techdirt.com/articles/20190729/07261642669/dojs-plan-to-fix-t-mobile-merger-isnt-going-to-work.shtml > As expected, the Department of Justice has signed off on T-Mobile's controversial $26 billion merger with Sprint. You'd be hard pressed to find many objective folks who think greater consolidation in the telecom space is a good idea, given the deal will likely result in less competition, higher prices, and some major job cuts as redundant positions are inevitably eliminated. And in countries where four major wireless carriers were reduced to three, the resulting problems are usually pretty damn obvious. > Still, both the FCC and DOJ have tripped over themselves to approve the deal after T-Mobile's full-court lobbying press, which has included hiring Trump allies like Corey Lewandowski as advisors, and pandering up to the Trump administration by ramping up patronage of Donald's hotels.