Top T-Mobile/Sprint Executives Meet Rosenworcel
T-Mobile CEO John Legere and Sprint Executive Chairman Marcelo Claure met with FCC Commissioner Jessica Rosenworcel about T-Mobile's buy of Sprint, said a filing posted Monday in docket 18-197. The executives “described the affirmative case for the transaction and responded…
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to questions,” the companies said. New Street’s Blair Levin told investors the deal is unlikely to be approved as-is. “Staffs at the DOJ and FCC have significant concerns about the deal on a number of traditional antitrust type issues, including on the claims of efficiencies, potential price increases, and the impact on competition in the next several years,” he said. T-Mobile Chief Technology Officer Neville Ray also attended, and blogged Monday about the deal (see 1904220040).