T-Mobile's Legere Says Prices Won't Go Up After Sprint Merger

[cdmagurus.com]

The CEOs of T-Mobile and Sprint insist merging the two companies will only lead to good things. "Prices are going down and jobs are going up," said John Legere, CEO of T-Mobile, in an interview with CNN. Some worry reducing the number of national carriers from four to three might harm consumers, who could face less choice and less competition. Legere said the company has a history of offering low-price service and will keep it that way if and when the merger closes. Both CEOs claim the merger is needed to compete on a global scale in developing 5G. Building out 5G together could create thousands of jobs at Sprint/T-Mobile, says Legere. The companies hope the $26 billion merger will close during the first half of 2019, pending regulatory approval.


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