Published: Wed, February 06, 2019
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Mobile will support Sprint’s 1Million Project if merger gets approval

Mobile will support Sprint’s 1Million Project if merger gets approval

In a new open letter sent to Ajit Pai at the Federal Communications Commission, T-Mobile CEO John Legere makes a few new promises surrounding the proposed T-Mobile-Sprint merger.

Credit: T-Mobile "Critics of our merger, largely employed by Big Telco and Big Cable, have principally argued that we are going to raise rates right after the merger closes".

In a new prospectus (PDF) filed with the Securities and Exchange Commission, T-Mobile detailed its vision for 5G and made some claims about what it can achieve as a combined company with Sprint. Ostensibly, customers signing up with the new T-Mobile if and when the merger goes through would pay no more than this until at least 2022. Today, the unconventional executive told the FCC in a letter (via TmoNews) that prices will not go up if T-Mobile and Sprint get the thumbs up to combine.

T-Mobile says it plans to have "broad and deep nationwide 5G" with initial markets and the first 5G devices launching this year.

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.

We are the Un-carrier. T-Mobile and Sprint will also need approval from the Justice Department to move forward with the merger. To this, T-Mobile rebuts that if it did jack its prices up, its customers would lose faith in the company, loyal customers would leave, and it would destroy the future of the carrier. I want to reiterate, unequivocally, that New T-Mobile rates are NOT going to go up.

At the end he clarified what he means by all that, saying that they are making its prices available to Sprint users over the next three years, as the two companies combine their networks.

"New T-Mobile's commitment to bridging the digital divide is further illustrated by its pledge to continue supporting Sprint's signature corporate philanthropy - the 1Million Project", T-Mobile said in its filing with the Public Service Commission of NY.

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