T-Mobile steps up lobbying over Sprint merger, promises not to raise rates
T-Mobile CEO John Legere, in a letter to FCC Chairman Ajit Pai yesterday, promised not to increase consumer plan prices for three years if the company’s proposed merger with Sprint is approved. Legere said the combined company will offer “the same or better” rates as either wireless carrier currently does today. T-Mobile and Sprint have said it will take around three years to fully combine their networks.
The merger is a $26 billion deal that would shrink the nation’s major wireless competition from four different providers to three, including AT&T and Verizon. The merger was proposed last April and is working its way through the government for review until regulatory authorities like the FCC and the Justice Department decide whether to...