Tag Archives: merger

DOJ antitrust head says he hasn’t made a decision on T-Mobile-Sprint merger

As we continue to wait for the Federal Communications Commission and Department of Justice to finish their reviews of T-Mobile and Sprint’s merger, there’s a lot of speculation, leaks, and rumors about how the two agencies might fall on the deal. Today one of the people that’s actually reviewing the deal has spoken up about the process. Makan Delrahim, head of the DOJ’s antitrust team, said today that he hasn’t yet made a decision on the … [read full article]

T-Mobile and Sprint execs advocate merger to FCC, focusing on pricing and 5G

Following rumors that Department of Justice staffers have told T-Mobile and Sprint that their merger is unlikely to get approval as it’s currently structured, several T-Mo and Sprint executives paid a visit to Washington D.C. to argue why the deal should be approved. T-Mobile CEO John Legere, T-Mobile COO Mike Sievert, T-Mobile CTO Neville Ray, Sprint executive chairman Marcelo Claure, and other execs met with FCC commissioner Jessica Rosenworcel last week to present their case … [read full article]

DOJ reportedly unlikely to approve T-Mobile-Sprint merger as it’s structured

The Department of Justice hasn’t made any official announcements regarding its antitrust review of the T-Mobile-Sprint merger, but a new report claims that things aren’t looking great for the deal. DOJ staff have reportedly told T-Mobile and Sprint that their merger is unlikely to be approved as it currently stands. Sources speaking to the Wall Street Journal claim that the DOJ’s staffers question T-Mo and Sprint’s arguments that their merger will produce important efficiencies. Today’s … [read full article]

Some states may file lawsuit to block T-Mobile-Sprint merger

Earlier this week, we learned the Department of Justice’s antitrust chief is open to hearing T-Mobile and Sprint’s 5G arguments in favor of their merger, which was good news for those hoping that the deal gets approved. Now that’s being countered with some not-so-great news for the merger. Several states are considering a lawsuit to block the T-Mobile-Sprint merger on antitrust grounds, according to sources speaking to Bloomberg. New York and California are said … [read full article]

T-Mobile CEO talks pricing post-Sprint merger, reiterates that 5G won’t cost extra

T-Mobile CEO John Legere has recently been publishing blogs to talk up T-Mo’s proposed merger with Sprint, and today another one has gone live. The focus of Legere’s latest post is pricing. He claims that T-Mobile will invest nearly $40 billion in its nationwide 5G network to get eight times the capacity by 2024 than standalone T-Mobile or Sprint have today. T-Mo will then be incentivized to lower its prices in order … [read full article]

T-Mobile CEO John Legere gives update on merger progress, says approval still expected in first half of 2019

  A little more than one week after testifying in front of the Subcommittee on Communications and Technology, T-Mobile CEO John Legere today gave an update on the progress of the T-Mo-Sprint merger. Legere today shared a blog post detailing T-Mobile and Sprint’s recent meetings with government officials, saying that they’ve met with the FCC, DoJ, U.S. Senate and House of Representatives, other federal and state level regulators, and some consumer groups. The T-Mo … [read full article]

Several Democratic senators urge FCC and DoJ to reject T-Mobile-Sprint merger

The opposition to the T-Mobile-Sprint merger grew today as several U.S. Senators sent letters to the FCC and Department of Justice to oppose the deal. A group of U.S. Senators led by Richard Blumenthal (D-CT) today announced that they’ve signed letters to both the FCC and DoJ to explain their opposition to the proposed merger of T-Mobile and Sprint. The group includes Amy Klobuchar (D-MN), Tom Udall (D-NM), Sherrod Brown (D-OH), Kirsten Gillibrand (D-NY), Elizabeth … [read full article]

T-Mobile-Sprint merger gets approval from New York Public Service Commission

The T-Mobile-Sprint merger has earned another stamp of approval. The New York Public Service Commission this week said that it approves of the merger of T-Mobile and Sprint, saying that the deal is in the public interest. “In evaluating the public interest relevant to this transaction, the Commission finds that, on balance, after evaluating the comments received and the risks associated with the proposed transaction the transaction will advance public interest and is approved, but … [read full article]

T-Mobile will support Sprint’s 1Million Project if merger gets approval

After promising to add jobs with five new Customer Experience Centers post-merger, including in Overland Park where Sprint is headquartered, T-Mobile has now made another Sprint-focused pledge related to the merger. T-Mobile has said that, if its merger with Sprint is approved, it’ll continue supporting the 1Million Project. This foundation is Sprint’s effort to help one million high school students to get connected by giving them mobile devices like smartphones, mobile hotspots, and tablets … [read full article]

T-Mobile pledges to offer same or better rate plans for T-Mo and Sprint customers post-merger

One concern that opponents of the T-Mobile-Sprint merger have is that the deal could lead to increased prices for consumers. Today T-Mobile and CEO John Legere submitted letters to the FCC to make a pledge that prices won’t go up. New T-Mobile has committed to offering the same or better rate plans as those offered by T-Mobile or Sprint as of today’s date for three years following the merger. “We are the Un-carrier. If we … [read full article]