T-Mobile and Sprint Ask For Merger Approval (axios.com) 48
According to documents filed Monday, T-Mobile and Sprint have formally asked the FCC to approve their proposed merger. Axios reports: In their filing, the companies said that the deal would "generate substantial public interest benefits for the customers of T-Mobile and Sprint and for U.S. wireless customers as a whole, and do not give rise to any competitive harms." "The merger unlocks the door to new broadband choices and capabilities for consumers across the country while accelerating the arrival of transformative 5G services that will produce innovation, jobs, and economic growth for our country," the companies said. Basically, the two companies have to prove to the FCC that the deal benefits consumers, and avoid antitrust concerns currently being investigated by the Department of Justice.
They omitted .... (Score:2)
... "It's good for children."
If by Children (Score:4, Insightful)
Seriously, we need to get people to stop voting for any politician who accepts money from corporations and/or PACs. It should be a litmus test. Why the hell would you vote for somebody who admits to bribes? [google.com]
Re: (Score:2)
Bribes are as common as privacy loss.
We don't really give a shit.
Re: (Score:2)
"Republican" is not spelled, "tmobile."
Re: (Score:1, Funny)
such as the Toddler in Chief.
Weeeiiirrrddd. (Score:1)
Re: (Score:2)
At this point in time, there's very little difference between GSM and CDMA networks.
I'll put two bucks on... (Score:3)
Maybe not in a manner easily traced back to AT&T, but isn't that what friends are for?
I have a better idea (Score:2, Interesting)
Every state must have at least 3 independent suppliers. Barring that, the top providers are barred from entering the market.
You can merge all you want so long as customers have a reasonable option to use a competitor
Oligopolies (Score:2)
You can merge all you want so long as customers have a reasonable option to use a competitor
A reasonable perspective though remember that oligopolies [wikipedia.org] are a thing and can be just as bad as a monopoly. It's not clear that going from 4 major wireless providers to 3 provides any benefit to consumers but it's pretty obvious how it might hurt them.
In some cases a monopoly is actually the most economically efficient. Having multiple companies run power lines to your house is actually more expensive than having a single well regulated monopoly for example. Same with water lines and other utilities. Ty
What does T-Mobile get out of this? (Score:2, Insightful)
Re: (Score:2)
Re: (Score:2)
There can be only one. (Score:2)
Highlander was a cautionary tale about the corporate ecosystem.
So what changed since 2015? (Score:1)
They had also tried to sell off T-Mobile USA to AT&T back in 2011, but the DOJ blocked that and T-Mobile netted some very nice contract termination bonuses (both money and spectrum) from AT&T in the process.
Deutsche Telekom (T-Mobile's Germany based parent company) has been crying that T-Mobile
Re: (Score:1)
In 2015 it was Sprint buying T-Mobile.
In 2018 it's T-Mobile buying Sprint.
T-Mobile has been making significant strides in customer recruiting and retention, and passed Sprint in total customers in August, 2015 - it's a much more healthy company since 2011.
Re: So what changed since 2015? (Score:1)
> "Oh right, people that are far easier to bribe are now in office."
It's almost as if you haven't been paying attention.