Mobile Promises You Will Pay Less, Get More After Sprint Merger

Mobile Promises You Will Pay Less, Get More After Sprint Merger

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T-Mobile says that if a merger deal with Sprint goes through, the Greater Rochester area will have one of five new "T-Mobile Customer Experience Centers" and that will create at least 1,000 jobs in Upstate New York. "With its business-friendly environment, diverse workforce and strong sense of community, the Greater Rochester area is a ideal location to build another New T-Mobile Customer Experience Center".

In the letter, Legere promises not to raise rates above their current standing for the next three years, should the merger go through. On Wednesday, Senator Elizabeth Warren of MA and Representative Pramila Jayapal of Washington issued letters demanding information about the T-Mobile executives' stays and whether Trump was informed of them.

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"To remove any remaining doubt or concerns about New T-Mobile's prices while we are combining our networks over the next three years, T-Mobile today is submitting to the Commission a commitment that I stand behind - a commitment that New T-Mobile will make available the same or better rate plans for our services as those offered today by T-Mobile or Sprint", Legere said in a letter to Pai. We believe this merger makes consumers better off, and we're willing to put our money where our mouth is.

Shares of T-Mobile were down 3.69 percent as of 4:04 p.m. ET on Tuesday, while shares of Sprint were down 6.09 percent. He says that these critics erroneously cling to the assumption that the T-Mobile-Sprint merger will cause consumers to pay more for wireless service and/or get fewer features with their plans. T-Mobile has added more than a million customers in 23rd straight quarters, and it now has almost 80 million customers, up from 72.6 million at the end of past year. T-Mobile announced plans to acquire Sprint for $26 billion to merge the two telecom companies. T-Mobile and Sprint have said that by bulking up they would be able to roll out new 5G networks more quickly and compete better with top rivals Verizon and AT&T.

In its more detailed proposal, T-Mobile (tmus) said it might raise prices under some circumstances it termed "not within the control" of the merged company. The CEOs of both wireless providers will testify at the hearing.

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