Regulators Likely Have Before Them Final Major Filings on T-Mobile/Sprint, New Street Says
Federal regulators likely now have all the information they need to rule on T-Mobile’s proposed buy of Sprint, New Street’s Blair Levin wrote investors Monday. “While this round may have been the final formal round, we expect to see a…
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round of ex partes from both sides reflecting meetings with Commission staff to further elaborate on what they said and the weaknesses of the arguments of the others,” Levin said of the FCC. “We will be looking to see which side believes it has to provide more evidence to prevail.” Sprint’s claims it’s an ailing company that won’t thrive on its own is at odds with its financial reports, Dish Network filed Monday in docket 18-197. “The Commission should view Sprint’s financial and 5G claims in support of this merger with skepticism, given its own executives’ statements that Sprint is hardly an ailing firm, or one that needs a market-consolidating merger to launch a 5G network that is already underway.” Sprint didn’t comment.