Two of the largest mobile carriers have agreed to merge. T-Mobile and Sprint are Americas third and fourth largest mobile carriers. This merger could affect many people, not just the ones who use these two companies. This merger will potentially affect customer prices for all mobile companies. T-Mobile and Sprint think that this will help them compete with Verizon and AT&T, which are the two largest mobile carriers. These two companies have tried to merge before, but were shot down by the Obama Administration because of competition concerns. We do not know what the Trump Administration will do this latest news. Even with concerns about competition, T-Mobile claims that this move is necessary and will be good for the people. They claim it will create jobs and that it will help them create a large 5G network. They say it is necessary to create this network because of the "fierce competition with China." There is no way to know what will come of this, but the outcome will be interesting.
http://www.bbc.com/news/business-43943848
This is interesting I just read an article about John Legere, the CEO of T-mobile, that stated he spends about 6 hours on social media writing his own tweets. I'm curious to see how this merger plays out, and if they will pass Verizon.
ReplyDeleteI heard about this possible merger and I'm sure they have been shot down not once but twice. An article I read said that they've been trying to do this merger since 2014. I think there are a lot of pros with this but at the same time there are a lot of uncertainties with this merger. Both companies are predicting that this will only do good for them and their customers. But this could also backfire and lead to a lot of problems. I'm curious to see if the trump administration would actually allow this merger to happen or if they will shoot them down as well.
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