T-Mobile-Sprint merger just cleared its last hurdle - Business Insider - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 79 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

ANALYSIS: How the formation of New T-Mobile will impact the broader US telecommunications space

in favor of T-Mobile's proposed $26 billion merger with Sprint, clearing the deal's final hurdle and allowing the long-running saga to head toward a conclusion — one that will fundamentally rebalance the axes of power in the US mobile telecommunications space.

Federal judge Victor Marrero of the US District Court in Manhattan ruled today that the merger would not substantially lessen competition and harm consumer choice in the wireless market, rejecting arguments from a group of state attorneys general looking to block the merger. This ruling paves the way for the third- and fourth-largest wireless network operators in the US to merge into a combined company — to be known as New T-Mobile — that will rival market leaders Verizon and AT&T in both scale and resources.The formation of New T-Mobile comes amid a time of flux in the US wireless market in the early days of the 5G era, and it will have wide-ranging consequences for the US telecommunications space.

New T-Mobile could instigate a fierce price war among competitors Verizon and AT&T. T-Mobile and Sprint are well-known for offering lower prices than their competitors, but they did so at a cost as both lagged behind rivals in terms of service quality and coverage. Even so, the merged company will be able to leverage both companies' resources to improve service quality and coverage, while still keeping prices low.

The incumbents will likely double down on consumer-friendly media services to better compete with New T-Mobile. In addition to offering lower prices, the potential merger of T-Mobile's and Sprint's media offerings could present additional cost savings for customers. T-Mobile offers free subscriptions to Netflix and discounted access to TVision , while Sprint offers free subscriptions to Hulu and Hatch.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I have been with t-mobile for 15 years hopefully they won't start acting like sprint or I am gone

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:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How the Mobile Passport travel app works: Global Entry alternative - Business InsiderThe Trump administration won't allow New Yorkers to apply for or renew GlobalEntry due to the state's 'sanctuary' law — but there's a free app travelers can use to bypass customs lines. Here's how it works.
Source: BusinessInsider - 🏆 729. / 51 Read more »

T-Mobile and Sprint just got approval from a federal judge for a merger - Business InsiderT-Mobile and Sprint are one big step closer to a merger after months of opposition claiming competition would be stifled and higher consumer prices.
Source: BusinessInsider - 🏆 729. / 51 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 »

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. 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 »

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 »