Wednesday, September 28, 2022
Published 3 Years Ago on Friday, Dec 13 2019 By Inside Telecom Staff
By TALI ARBEL AP Technology Writer
NEW YORK (AP) — T-Mobile CEO John Legere said if his
company’s $26.5 billion deal to buy Sprint fails, it may have to raise prices
to slow user growth and relieve stress on the T-Mobile network. He said that
would be his “worst nightmare.”
Legere’s testimony came on the fourth day of a high-profile
antitrust trial. Fourteen state attorneys general are suing to block the
combination of T-Mobile and Sprint. They say the deal would cost consumers
The trial with the states is a major hurdle for T-Mobile,
but federal regulators have already cleared the merger. The Justice Department
approved it after T-Mobile and Sprint agreed to set up satellite TV provider
Dish as a new wireless competitor. The states say that’s not enough.
Legere’s testimony regarding T-Mobile’s potential pricing
strategy Thursday stemmed from a September 2019 T-Mobile document that made
projections about T- Mobile’s future as a standalone company in 2020.
A lawyer for the states, Glenn Pomerantz, laid out evidence
that T-Mobile had options beyond acquiring Sprint that would let it obtain more
spectrum, the airwaves that signals travel over and the lifeblood of a wireless
network. Adding spectrum would shore up the network from the strain of its
growing user base watching Netflix and uploading cat videos to Instagram.
Pomerantz presented an email Legere sent in June 2015 saying
that a potential acquisition of Dish “super-charges” T-Mobile, the
same language T-Mobile has used to describe its Sprint deal. Dish, like Sprint,
has lots of spectrum, having spent $21 billion buying it. Legere said he liked
the possibilities of that deal but that T-Mobile wasn’t able to complete it.
The world of foldable phones keeps welcoming more additions to its roster. And it makes sense. The foldable phones are selling well even with their pricy asking point. Huawei’s latest foldable is the Huawei P50 Pocket. While it does many things right, it also has its shortcomings. We will take a deeper look at it. […]
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