Senior executives at T-Mobile US Inc and Sprint Corp made the case to U.S. offic...
WASHINGTON - Senior executives at T-Mobile US Inc and Sprint Corp made the case to U.S. officials in Washington last week that they should approve a planned tie-up between the two wireless companies, arguing a combined firm would have incentives to “aggressively lower prices.”
In a presentation made public on Monday, the firms said they would “focus on taking share from Verizon and AT&T through lower prices.” Sources told Reuters last week that the Justice Department had concerns about the merger in its current structure.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. Justice Department tells T-Mobile, Sprint it opposes merger: sourceThe U.S. Justice Department has told T-Mobile US Inc and Sprint Corp that it opp...
Read more »
U.S. Justice Department tells T-Mobile, Sprint it has concerns about merger deal: sourcesThe U.S. Justice Department has told T-Mobile US Inc and Sprint Corp it has conc...
Read more »
U.S. antitrust scrutiny tests T-Mobile's $26 billion bet on SprintT-Mobile US Inc's $26 billion deal to buy Sprint Inc banked on changes in w...
Read more »
T-Mobile is launching its mobile-first bank account to all US consumersT-Mobile Money, the wireless carrier's mobile-first bank account offering, will launch to all US consumers after a pilot that began last November.
Read more »
T-Mobile and Sprint can bear antitrust painThe telecom firms have yet to convince U.S. officials over their $88 bln merger. They may have to make cuts, like selling T-Mobile’s prepaid unit or spectrum. Bigger rivals Verizon and AT&T are already diversifying. Unless trustbusters get draconian, combining is the best bet.
Read more »
T-Mobile-Sprint merger in trouble - WSJOn Twitter, T-Mobile CEO JohnLegere dismissed the report as speculation, calling the 'premise....simply untrue,' and said the company would have no further comment.
Read more »
T-Mobile, Sprint Deal Runs Into Resistance From DOJ Antitrust StaffJustice Department staffers have told T-Mobile US Inc. and Sprint Corp. that their planned merger is unlikely to be approved as currently structured, according to people familiar with the matter, casting doubt on the fate of the $26 billion deal.
Read more »
Sprint, T-Mobile shares fall on report Justice Department won't approve merger as structuredShares of Sprint and T-Mobile US fell in after-hours trade after The Wall Street Journal reported that Justice Department staffers have told the companies...
Read more »
FCC chairman opposes China Mobile bid to provide U.S. servicesFederal Communications Commission chairman Ajit Pai said on Wednesday he opposes...
Read more »
FCC set to block China Mobile bid to provide U.S. servicesFederal Communications Commission chairman Ajit Pai said on Wednesday he opposes...
Read more »