Tag Archives: T-Mobile Sprint merger

Department of Justice reportedly recommends blocking T-Mobile-Sprint merger

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The Federal Communications Commission may be on board with T-Mobile and Sprint’s merger, but a new report says that the deal is now facing opposition from the Department of Justice. The DOJ’s antitrust division has recommended that the T-Mobile-Sprint merger be blocked, say sources speaking to Reuters. It’s said that the Justice Department’s antitrust staff are concerned that T-Mobile will not work aggressively to cut prices and improve service if the merger is approved. A … [read full article]

DOJ reportedly leaning against approving T-Mobile and Sprint’s merger

After getting some good news regarding its merger with Sprint from the FCC this morning, there’s now some not-so-great news for T-Mobile. The Department of Justice is leaning against approving the T-Mobile-Sprint merger, according to a report from Bloomberg. It’s said that DOJ has antitrust concerns about the deal and T-Mo and Sprint haven’t done enough to resolve those concerns so far. This news comes hours after FCC Chairman Ajit Pai publicly pledged his … [read full article]

T-Mobile and Sprint commit to 5G buildout and divesting Boost Mobile, FCC Chairman recommends deal be approved

This week is beginning with some big news regarding T-Mobile and Sprint’s merger. T-Mobile today confirmed that it’s made a few commitments to the FCC with relation to its merger. Those include mobile 5G and home broadband deployments, the promise to divest Boost Mobile, a commitment to not raise prices. When it comes to 5G, T-Mo says it will cover 97 percent of the U.S. population with 5G on low-band spectrum and 75 … [read full article]

T-Mobile and Sprint expected to make merger concessions, including sale of Boost Mobile

One week after a rumor claimed that T-Mobile and Sprint may make concessions with their merger agreement to help it get federal approval, a new report says that those concessions have been decided. T-Mobile and Sprint will make a commitment to sell Boost Mobile as part of an effort to help their merger gain approval, say Bloomberg sources. Virgin Mobile and Metro by T-Mobile would remain with the combined T-Mobile and Sprint. The two … [read full article]

T-Mobile and Sprint may make concessions to help their merger gain approval

Following a report last month that claimed that Department of Justice staffers told T-Mobile and Sprint that their merger was unlikely to be approved as it’s structured, a new rumor says that the two carriers are considering making concessions to help their deal’s odds of approval. T-Mobile and Sprint are said to be weighing a few different concession options. Sources speaking to Bloomberg say that one of the top concessions being considered is a … [read full article]

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 CEO John Legere given $66.5 million compensation package following Sprint merger announcement

John Legere gets a lot of credit for helping to turn T-Mobile into the company it is today, rolling out Un-carrier moves and making T-Mo more competitive. If you’ve ever wondered what kind of compensation Legere gets for transforming T-Mobile, some details on that have now come out. T-Mobile granted Legere a compensation package worth $66.5 million last year, most of which came from a stock award that was given to him the day that … [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]

T-Mobile CEO John Legere continues push for Sprint merger, claims more than 5,000 customer care jobs added by 2021

T-Mobile CEO John Legere today continued pushing for the proposed merger of T-Mobile and Sprint, this time sharing a blog post focused on jobs. The New T-Mobile will spend nearly $40 billion to expand its network and business over three years, Legere says. The CEO also claims that the combined company will have more than 11,000 additional employees on its payroll by 2024 compared to what T-Mo and Sprint would have by themselves. Focusing specifically … [read full article]