Concessions by T-Mobile US Inc to win U.S. government approval to buy Sprint Cor...
WASHINGTON/NEW YORK - Concessions by T-Mobile US Inc to win U.S. government approval to buy Sprint Corp will likely lead to higher prices for the poorest Americans, many of whom use prepaid wireless plans, analysts and activists said.
T-Mobile and Sprint said on Monday they would sell Sprint’s Boost Mobile business, which sells prepaid plans, and ensure that the divested company has access to a wireless network for six years. Free Press, an advocacy group, urged the Justice Department to block the acquisition, saying it will exacerbate an existing “affordability crisis” that makes it hard for poorer people to get online, said its general counsel, Matt Wood.Sprint and T-Mobile customers were likely to see weighted average prices rise a minimum of 4.2% for prepaid services and 4.8% for postpaid, satellite television provider Dish Network Corp, a critic of the deal, said in an FCC filing last year.
Boost operates using Sprint’s spectrum and network. Under the companies’ proposal, only the brand will be sold and it will remain dependent on Sprint for spectrum and network access. Sprint’s prepaid subscriber base had been shrinking but has turned around and has been growing for more than two years, with Boost expanding and Virgin Mobile losing subscribers, according to Sprint filings with the government.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
U.S. Justice Department staff recommends blocking T-Mobile-Sprint deal, sources sayThe U.S. Justice Department's antitrust division staff has recommended the ...
Weiterlesen »
U.S. telecom regulators, Sprint, T-Mobile to agree on deal: sourcesSprint Corp and T-Mobile US Inc announced a series of changes to their proposed ...
Weiterlesen »
T-Mobile's deal for Sprint gets big boost from FCC chiefT-Mobile US Inc's $26 billion acquisition of rival Sprint Corp won the supp...
Weiterlesen »
Critics Cry Foul On FCC Support Of T-Mobile/Sprint DealAs the head of the FCC announces that he is satisfied by the merger conditions T-Mobile and Sprint have offered, consumer advocates look to states and DoJ to take down the deal on antistrust grounds.
Weiterlesen »
Analysis | The Technology 202: Democrats criticize FCC's green light on Sprint and T-Mobile mergerThe Technology 202: Democrats criticize FCC's green light on Sprint and T-Mobile merger
Weiterlesen »
FCC Chairman Recommends Approval of T-Mobile-Sprint MergerFCC Chairman Ajit Pai said he would back the $26 billion combination of cellphone carriers T-Mobile US and Sprint after the companies agreed to a package of concessions.
Weiterlesen »
Opinion | Blessing the T-Mobile-Sprint MergerOpinion: By joining forces, T-Mobile and Sprint will be better positioned to compete against wireless leaders Verizon and AT&T in the 5G era
Weiterlesen »
Rift emerges between federal agencies reviewing the Sprint and T-Mobile mergerA merger between T-Mobile and Sprint, the nation's third- and fourth-largest wireless carriers, entered uncertain legal territory this week, after the two federal agencies reviewing the $26 billion deal appeared to split in their thinking about the transaction.
Weiterlesen »
Sprint shares swing wildly as regulators send mixed messages on T-Mobile mergerSprint shares were briefly halted Monday after the company received mixed signals from different federal agencies about its proposed merger.
Weiterlesen »
DOJ leans against approving T-Mobile's takeover of Sprint: BloombergThe U.S. Department of Justice is leaning against approving T-Mobile US Inc&039...
Weiterlesen »