A diverse array of concerned companies, consumer organizations, labor unions, and industry associations today announced the formation of the 4Competition Coalition, a new alliance to tell policymakers that the Sprint/T-Mobile merger as currently proposed must be blocked.
Earlier this year, T-Mobile and Sprint announced that they would merge. If approved, their combination would shrink the number of major wireless carriers in the United States from four to three. Now, 14 different organizations have penned a letter to Democratic House leaders requesting a hearing on the proposed merger.
T-Mobile US Inc. is offering a revised rationale for buying Sprint Corp., a turn that critics say is a sign the carrier’s earlier arguments weren’t winning over U.S. officials who can bless or kill the deal.
New York’s Attorney General’s Office is stepping up its probe into T-Mobile’s proposed merger with Sprint, concerned that the wireless giants could hike prices on cheaper prepaid services if they combined, sources told The Post.
The California Public Utilities Commission (CPUC) has scheduled an “evidentiary hearing” to review the proposed merger between Sprint and T-Mobile in February, and the commission isn’t scheduled to issue a decision on the transaction until June of next year.