T-Mobile and Sprint Ask For Merger Approval

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.

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Source: Slashdot – T-Mobile and Sprint Ask For Merger Approval