Edward C. Baig, Mike Snider and Brett MolinaSprint and T-Mobile have moved yet another step closer to a merger, and it could lead to consumers paying more for wireless plans.
Both companies say joining forces will benefit consumers by expanding access to next-generation 5G cellular networks and offer better service nationwide. The merger will also create new jobs, the companies said, adding more than 3,500 additional full-time U.S. employees in the first year and 11,000 more people by 2024.
Boost founder Peter Adderton, a vocal critic of the merger from the outset, claims such brands helped suppress prices for the kind of budget-focused customer who gravitates toward these and other prepaid providers. "This outcome puts consumers at risk. The states put on a strong case, and the DOJ's proposed remedy is still very risky – at best we are losing a competitor today, in the hope of getting one back later," said John Bergmayer, legal director at consumer advocacy group Public Knowledge, in a statement.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WSJ News Exclusive | U.S. District Judge Expected to Rule in Favor of Sprint-T-Mobile MergerBreaking: A judge is expected to rule in favor of T-Mobile and Sprint in the antitrust fight over their proposed merger, people familiar with the matter say Did a clerk leak lol? Gross. This will expose US communication to China and its alliance South Korea espionage risk.
Source: WSJ - 🏆 98. / 63 Read more »
U.S. district judge expected to rule in favor of Sprint-T-Mobile merger: WSJA U.S. district judge is expected to rule in favor of Sprint and T-Mobile merger...
Source: Reuters - 🏆 2. / 97 Read more »
U.S. judge expected to rule in favor of merger of Sprint, T-Mobile: sourcesA U.S. district judge is expected to rule in favor of allowing Sprint and T-Mobi... the takeover Nervous abt this! Everything has been going well with my T Mobile relationship. Bracing for changes. One of them needs the other for somethin'. Thank goodness, Sprint customer service sucks and T-Mobile coverage sucks. I hope this becomes a fabulous thing, best of both worlds.
Source: Reuters - 🏆 2. / 97 Read more »
U.S. judge expected to rule in favor of Sprint, T-Mobile merger: sourcesA U.S. district judge is expected to rule in favor of allowing Sprint and T-Mobi... Ifb How may I acquire majority stockholdings in Huawei Technologies Company Ltd please? I am an expert global telecommunications market analyst and have an aunt on the USITC. I trust my aunty, and she gave me a hot tip. May I acquire a waiver of insider trading rules from SEC please? Awful
Source: Reuters - 🏆 2. / 97 Read more »
WSJ News Exclusive | Federal Judge Expected to Clear Way for T-Mobile and Sprint MergerA federal judge is expected to approve T-Mobile US’s merger with Sprint, according to people familiar with the matter, clearing the way for the two wireless rivals to combine and overcoming a state antitrust challenge. The states that claim to be protecting consumers from higher phone bills are the same ones who gladly take measures that result in higher energy bills. Higher prices ahead? Telecom cos shouldn't be merging or making money until they clean up their tech. I've never seen an industry that makes so much money selling crap. Hackable phones, dangerous apps, technology that works when it's close enough to a tower. What a racket.
Source: WSJ - 🏆 98. / 63 Read more »