IT

Mobile will support Sprint’s 1Million Project if merger gets approval

Mobile will support Sprint’s 1Million Project if merger gets approval

The company a year ago said it had also hired a lobbying firm linked to Corey Lewandowski, President Donald Trump's former campaign manager. Analysts had been hoping for T-Mobile to shoot a little higher: the consensus estimate for 2019 was for 3.65 million net new postpaid additions.

Shares of T-Mobile were trading at $66.94, up 9 cents or 0.13 percent, in premarket trading.

The results come as scrutiny heats up for T-Mobile on its merger with Sprint. "I am very pleased with the progress we've made in our merger and the process so far, and I continue to expect regulatory approval in the first half of the year", Legere said.

However, a number of consumer groups oppose the deal, arguing that eliminating one of the four largest carriers would reduce competition, cost thousands of jobs, and lead to higher prices for consumers. He says that these critics erroneously cling to the assumption that the T-Mobile-Sprint merger will cause consumers to pay more for wireless service and/or get fewer features with their plans.

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From his perspective, "regulators are ignoring the noise and conducting a fact-based review". "With its business-friendly environment, diverse workforce and strong sense of community, the Greater Rochester area is a ideal location to build another New T-Mobile Customer Experience Center". The hearing is set for February 13, and both Legere and Sprint Chairman Marcelo Claure have agreed to testify.

Considering this letter was posted yesterday, February 4, 2019, that would mean entry-level prices would not exceed the base-level $70 unlimited plan T-Mobile now offers, which includes all taxes and fees in the price. "The combination has a multiplicative effect on the total available network capacity, and that's very exciting because pricing in the industry is a function of your costs and it's a function of your capacity".

Some analysts say the fact that T-Mobile felt compelled to offer a price freeze is evidence that ordinary market pressures would encourage the combined company to raise prices.

T-Mobile today is submitting to the Commission a commitment that I stand behind - a commitment that New T-Mobile will make available the same or better rate plans for our services as those offered today by T-Mobile or Sprint. "The New T-Mobile will be uniquely positioned to give you both".