House to hold hearing on Sprint, T-mobile proposed merger

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U.S. House lawmakers plan to hold a March 12 hearing to review a proposed $26 bi...

FILE PHOTO: A T-Mobile logo is seen on the storefront door of a store in Manhattan, New York, U.S., April 30, 2018. REUTERS/Shannon Stapleton

WASHINGTON - U.S. House lawmakers plan to hold a March 12 hearing to review a proposed $26 billion merger of T-Mobile US Inc and Sprint Corp with the telecommunications companies’ chief executives, according to a congressional statement on Wednesday. A House of Representatives Judiciary subcommittee will examine “examine the potential impact of the proposed merger of Sprint and T-Mobile on consumers, workers and the Internet,” it said.

Source: News Formal (newsformal.com)

 

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Less competition does lower cost, but not prices ! NO competition left in America.

After the go-ahead for ATT- Time Warner, one can already imagine the result. They're just going to allow monopolization. With every passing day, the consumer has fewer choices.

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