T-Mobile tells FCC that if Sprint deal closes, prices won’t rise for at least three years


T-Mobile and Sprint are awaiting FCC approval of their merger, which was announced last April. Those opposing the $26 billion deal say that consumers will be hurt by higher prices once the transaction closes. The Communications Workers of America (CWA) estimates that 28,000 employees will be laid off as the newly merged firm starts shutting redundant retail stores and duplicate positions.
T-Mobile CEO John Legere told Sprint employees back in October that this merger is unique, and will result in new jobs being added as soon as the two wireless providers are merged. …

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