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T-Mobile-Sprint merger would be win for David, not Goliath

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29.04.2019

Monday marks one year since T-Mobile US Inc. and Sprint Corp. announced their planned merger, and regulators at the Justice Department and Federal Communications Commission (FCC) are closing in on the final stages of their examination of its benefits.

During my tenure at the FCC, I reviewed many mergers to determine whether they were in the “public interest,” the legal standard the FCC must use when reviewing deals of regulated firms, like wireless companies. Today I’m advising T-Mobile on its deal and the evidence clearly demonstrates that the merger of the nation’s third- and fourth-biggest carriers by subscribers will strengthen competition against Verizon and AT&T, accelerate American build-out of the next generation of wireless service (or 5G), and boost the U.S. economy and our global competitiveness.

Regulators should approve it. There’s no time to lose.

Today, Verizon and AT&T have nearly 70 percent market share and 93 percent of the industry cash flow. Combining T-Mobile and Sprint will create a supercharged maverick, which will still be only Number Three. This newly invigorated third carrier will be better able to compete against the larger two.

The combination will create more than $43 billion in cost savings through........

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