Sprint and T-Mobile say this deal is necessary for America to have a nationwide 5G network. But their own words prove them wrong.
Myth: Neither company can launch a 5G network on its own.
Fact: Before they announced a merger, both companies aggressively touted their ability and plans to launch a 5G network. T-Mobile CEO John Legere said in 2017 that his company would “leapfrog” Verizon and AT&T and be first to “real, mobile, nationwide 5G” by 2020. And Sprint CEO Marcelo Claure said in February 2018 that the carrier would launch a nationwide 5G network in 2019.
Myth: The United States needs this deal to secure a 5G network and maintain its leadership in 5G.
Fact: AT&T and Verizon are both building out and launching their own 5G networks. Verizon has already launched 5G in several markets and AT&T plans to offer mobile 5G in 12 cities by the end of 2018.
Myth: This deal would let the two companies invest more in their 5G.
Fact: According to their statements to Wall Street, the two companies were already planning to spend on 5G roughly the same amount that they told the FCC they would spend if they were allowed to combine.