T Mobile, Sprint face new FCC questions on tie-up

WASHINGTON: T-Mobile US Inc and Sprint Corp executives this week urged senior U.S. regulators to approve the proposed tie-up, saying the combined company would have the incentive to slash prices, according to a filing on Thursday.

The carriers argued that customers with prepaid phone plans"would be among the biggest beneficiaries of the transaction." They suggested that without the merger, T-Mobile and Sprint"will likely have to raise prices" because they"will lack the capacity to keep up with growing demand for wireless data."

If completed, the tie-up of the third- and fourth-largest U.S. wireless carriers would create a carrier with 127 million customers that would be a formidable competitor to the No. 1 wireless carrier Verizon Communications Inc and No. 2 AT&T Inc.Last week, T-Mobile chief executive John Legere and Sprint executive chairman Marcelo Claure made the case for the deal to FCC Commissioner Jessica Rosenworcel.

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