Exclusive: U.S. Justice Department probes T-Mobile-Sprint merger effect on smaller wireless companies - sources [Reuters]
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Source: Reuters
Exclusive: U.S. Justice Department probes T-Mobile-Sprint merger effect on smaller wireless companies - sources | Reuters 3 Min Read NEW YORK (Reuters) - The U.S. Department of Justice is examining how the proposed merger between T-Mobile US Inc and Sprint Corp could affect prices for smaller wireless operators, according to two people familiar with the matter. A T-Mobile and Sprint merger would eliminate competition between the two carriers that have been the dominant players in selling network access to wireless companies that often serve pre-paid or price-conscious consumers, and could lead to higher prices for those users. The Justice Department, which is evaluating T-Mobile’s $26 billion deal to buy Sprint, has been speaking with small wireless operators that buy access to the major wireless networks at wholesale rates, and is seeking their opinions about the merger, the people said, who declined to be named because the talks are confidential. Antitrust investigations are a norma
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News
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TMUS
Earnings
- 1/25/24 - Miss
TMUS
Sec Filings
- 3/26/24 - Form 4
- 3/21/24 - Form 4
- 3/19/24 - Form 4
- TMUS's page on the SEC website