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To elaborate, Sprint and T-Mobile have been trying to merge, arguing that scale is fundamental in competing in the market. Regulators have argued that 4 carrier
by hkmurakami 13y ago
To elaborate, Sprint and T-Mobile have been trying to merge, arguing that scale is fundamental in competing in the market. Regulators have argued that 4 carriers are essential to keeping parity and competition in the market.
- Guvante 13y agoActually Sprint and T-Mobile have never officially tried to merge. So far all the executives have done is deny that such talks are in progress. At one point AT&T tried to buy T-Mobile, citing Verizon being bigger as why it was okay. They even put a bunch of money on the line if it fell through. Regulators decided that either they wanted 4 parties, or that Verizon would be forced to buy Sprint to compete, leaving 2 parties. (I am not 100% certain which they said was the reason)
- maxsilver 13y agoActually, Sprint and T-Mobile are both on-record as planning on merging. They aren't planning to do so in the immediate future, but they both see the long-term end game being just three carriers in the entire US. All they are waiting for is the DOJ to make a mistake and let it slip through. "T-Mobile exeutives say Sprint merger the 'logical conclusion'" http://www.theverge.com/2013/9/25/4769794/t-mobile-executive-calls-potential-sprint-merger-the-logical-ultimate http://www.theverge.com/2013/9/25/4769794/t-mobile-executive... "Sprint executives echo T-Mobile merger message" http://www.kansascity.com/2013/09/26/4509601/sprint-executive-echoes-t-mobiles.html http://www.kansascity.com/2013/09/26/4509601/sprint-executiv...
- tracker1 13y agoAren't Sprint and T-Mobile using fairly different tech? Also, sprint is way over-sold