The proposed USD 26 billion mergers of the US telecom firms is rooted in the promise of a 5G buildout. The deal will reduce competition.
Yet America’s race with the PRC to take the lead in the next generation of mobile technology could overcome any domestic competition concerns.
T-Mobile US Chief Executive John Legere and Sprint Chairman Marcelo Claure have agreed to testify on Feb. 13 before members of the US House of Representatives during a hearing on the two cellphone companies’ proposed USD 26 billion mergers.
T-Mobile US told the Federal Communications Commission on Feb. 4 that it would not increase prices for three years if it gets approval to buy Sprint.―Business Recorder