Jobs and Competition Harmed If T-Mobile Buys Sprint, Union Says

T-Mobile US Inc.’s proposed $26.5 billion purchase of Sprint Corp. would cost jobs, threaten competition and may not speed the arrival of advanced 5G networks, the Communications Workers of America said in a filing. T-Mobile and Sprint, the third- and fourth-largest U.S. wireless providers, have a history of targeting each others’ customers, and combining the two could bring higher prices for consumers as competition is diminished, the union said in a filing with the Federal Communications Commission. Comments on the merger announced in April were due Monday at the FCC, which is scrutinizing the deal along with the U.S. Justice Department.

from Yahoo Finance https://ift.tt/2BS1OHr