A proposed merger of T-Mobile US and Sprint will face review by two US government house panels next month, in a joint hearing to assess the potential impact on consumers.
In a statement, the House Energy and Commerce Committee and the Senate Commitee on the Judiciary said they will hold a joint hearing on 13 February to examine the merger’s [1] impact on consumers, workers and the wireless industry as a whole.
Senior US Democrat officials on the two panels noted the merger would “combine two of the four largest wireless carriers and the carriers with the largest numbers of low-income customers”.
“We look forward to examining this merger from the perspective of what is in the best interest of consumers and hardworking people.”
T-Mobile has said it expects to close the merger, worth $26 billion, in the first half of 2019.
The deal received approvals from a number of regulatory bodies [2], but still needs clearance from the US Federal Communications Commission and Department of Justice.
[1] https://www.mobileworldlive.com/featured-content/home-banner/t-mobile-hopes-for-q1-2019-sprint-deal-completion/[2] https://www.mobileworldlive.com/featured-content/home-banner/t-mobile-sprint-clear-key-merger-hurdles/
