Mobile Promises You Will Pay Less, Get More After Sprint Merger

T-Mobile tells FCC that if Sprint deal closes, prices won't rise for at least three years

T-Mobile CEO promises the same or better prices following Sprint Merger - GSMArena.com news

For Sprint and T-Mobile to merge into "New T-Mobile", a lot of hearts need to be won over.

John Legere, T-Mobile US CEO said that, "We love NY!"

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. And top T-Mobile execs, including chief executive John Legere, have spent significant time staying at the Trump hotel in Washington, though Legere has said he hopes regulators will "make their decision based on the benefits it will bring to the US, not based on hotel choices".

The proposed T-Mobile-Sprint merger has already received approval from the Treasury Department and is awaiting approval from the Department of Justice and the FCC.

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But from another perspective, Clyburn's involvement with T-Mobile serves to inoculate the company from critics who argue the deal will be largely bad for consumers because it will mean the elimination of a competitor from the US wireless market.

While prices would effectively stay the same, there could be changes in rates based on taxes, fees, or third-party surcharges which T-Mobile said in a separate letter to the FCC was "not within the control of New T-Mobile". T-Mobile has been by far the fastest growing wireless carrier in recent years, but ended 2018 with just under 80 million customers, trailing AT&T (t) and Verizon (vz), which reported 153 million and 118 million subscribers, respectively.

T-Mobile says that the new customer care employees will be eligible to receive benefits and opportunities such as significant management preparation experience, career development paths and college tuition reimbursement. In this, he promised to keep rates "the same or less" than the current plans by T-Mobile and Sprint, for at least three years. "Today's news makes clear that T-Mobile knows that its merger is in trouble".

That means he's publicly guaranteeing that there will be no price hikes for the next three years.

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