T-Mobile US Inc & Sprint Corp Merger Awaits Clearance From Justice Department And FCC

By John Heerdink LinkedIn
As per reports on Thursday, T-Mobile US Chief Executive John Legere and Chief Operating Officer Michael Sievert along with Sprint executive chairman Marcelo Claure and other senior executives met Federal Communications Commissioner Jessica Rosenworcel to discuss a merger between the two companies. The $26 billion merger aims to take over the market from the leading carriers Verizon and AT&T by offering low prices and promises to build a faster and more reasonable 5G network for customers. The senators who resisted the deal, put forward that the deal would see an increase in consumer bills by 10%, also it would reduce the number of wireless carriers from four to three. The merger is awaiting clearance since April 2018 after it received a green signal from its shareholders in October. Both the carriers are trying hard to get the deal sorted by assuring low prices and employment opportunities. Verizon Communications, Inc. (VZ) is a worldwide leader in delivering communications and technology solutions that improve the lives of its customers. To learn more about Verizon Communications, Inc. (VZ) and to track its progress please visit the Vista Partners Verizon Communications Inc. Coverage Page. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. Stay Informed! Stay Competitive! Join us at Vista Partners! It’s FREE to receive email updates. week4(6)

T-Mobile, Sprint lobby regulators to win U.S. approval for tie-up

Senior executives at T-Mobile US Inc and Sprint Corp made the case to U.S. officials in Washington last week that they should approve a planned tie-up between the two wireless companies, arguing a combined ..... finance.yahoo.com
Read Full Article
(Read Original Story: )


Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Connect with us