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Thursday 9 January 2020

T-Mobile and Sprint consider alternatives if merger falls through, Virgin Mobile to be discontinued

Sprint and T-Mobile are still not in the clear for the massive merger. It still has both New York and California's attorneys general suing in opposition of the merger due to decreased competition, loss of jobs, and raising of service costs. In an interview with T-Mobile COO, Mike Sievert revealed the company's plans in case the merger is not approved. During an investor relations event today, Sievert spoke on the possibility of a settlement with the State Attorney Generals. "It's never off the table", he explained - despite his confidence that the merger would be approved. Final arguments...

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