WASHINGTON: T-Mobile US Inc won US antitrust approval for its US$26 billion takeover of rival Sprint Corp, the Justice Department said on Friday, clearing a major hurdle to a deal that would merge the nation's third and fourth largest wireless carriers.
"With this merger and accompanying divestiture, we are expanding output significantly by ensuring that large amounts of currently unused or underused spectrum are made available to American consumers in the form of high quality 5G networks," Delrahim said. "We have serious concerns that cobbling together this new fourth mobile player, with the government picking winners and losers, will not address the merger’s harm to consumers, workers, and innovation," she said.
US telecoms customers tend to stick with one carrier for years, providing companies with a steady, predictable stream of cash. As more people rely on cell phones for social media, banking or news and entertainment, the lines have blurred between telecom, content and cable companies, just as so-called 5G technology promises to make mobile phones even more powerful.
The FCC is expected to give Dish more time to use spectrum it previously acquired but also impose strict penalties if it fails to create a consumer wireless network within a set timeframe.
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