government concerns: T-Mobile TMUS, -0.21% and Sprint S, -0.44% announced their intent to merge last spring, in a deal valued at 26 billion, though the combination requires clearance from regulators, according to Market Watch. T-Mobile and Sprint have given numerous reasons for their pending marriage, arguing that it would make the U.S. a more formidable player in the 5G era amid U.S. government concerns about the security of China's Huawei Technologies Co. The Department of Justice is expected to approve the telecom deal in the coming days, according to reports, clearing a major hurdle for the carriers and setting the stage for a shake-up of the U.S. wireless industry. Sprint in particular has argued that its network isn't strong enough for the company to survive on its own once 5G becomes the prevailing wireless standard, but T-Mobile expects that Sprint's spectrum will prove useful to its growth plans. Here are five things to know about the pending merger With a few conditions... T-Mobile and Sprint will reportedly have to abide by certain DOJ conditions in order to gain deal approval. Wireless investors are hoping that the two U.S. wireless carriers will have more pricing power in the new industry structure, but it remains to be seen how much leverage a combined T-Mobile and Sprint will have.
(news.financializer.com). As
reported in the news.
Tagged under government concerns, t-mobile tmus topics.