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

Critics of the merger have alleged that the merged entity, New T-Mobile, would take advantage of its stronger position and hike rates. 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. Now, The Post has obtained lists for additional days past year, which showed five more bookings at the hotel by T-Mobile executives. Revenues were up 6% from the year-ago quarter and up 7% on an annualized year-over-year basis, but net income was down 76% from Q4 2017 and down 36% from the year-end total for 2017.

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.

T-Mobile is still trying to complete its acquisition of Sprint and merge the two into the New T-Mobile.

Due to subcommittee scheduling issues, T-Mobile's John Legere and Sprint's Marcelo Claure will appear before the House Communications Subcommittee next Wednesday, Feb. 13 at 10 a.m., and then appear the next day at the same time before the House Judiciary Antitrust Subcommittee.

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The McCourty brothers, too, are uninterested in a White House visit. "They have, I guess, the greatest quarterback of all time", he asserted .

Shares of T-Mobile were trading at $66.94, up 9 cents or 0.13 percent, in premarket trading. I want to assure you that we would never do this.

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.

The letter also implies that following the merger, consumers will get more bang for their buck. Together, the two companies could "to react, invest and compete harder and that will be good for consumers and innovation", he said. "Our costs at New T-Mobile is going to go down dramatically when it comes to what it costs to produce a gigabyte of data".

"New T-Mobile's commitment to bridging the digital divide is further illustrated by its pledge to continue supporting Sprint's signature corporate philanthropy - the 1Million Project", T-Mobile said in its filing with the Public Service Commission of NY.

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