Mobile CEO promises the same or better prices following Sprint Merger

T-Mobile Sprint merger

Our subscribers rely on FierceWireless as their must-read source for the latest news, analysis and data on this increasingly competitive marketplace. At $640 million - or $0.75 per share - T-Mobile profits still came in ahead of analyst expectations. Now, The Post has obtained lists for additional days past year, which showed five more bookings at the hotel by T-Mobile executives.

The FCC, Department of Justice, and other state utility regulators must approve the merger that would combine T-Mobile and Sprint.

"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.

The plot twist. Early Thursday morning, T-Mobile reported 75 cents in earnings per share in the fourth quarter versus the Wall Street consensus estimate of 69 cents per share-up 23% from the same period previous year.

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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. "Rather, our merger will ensure that American consumers will pay less and get more". The hearing is set for February 13, and both Legere and Sprint Chairman Marcelo Claure have agreed to testify. "We're entering the final stages of our regulatory review process and it's an important time to document the commitment we've made from day one".

Some critics have argued that combining the networks would mean higher prices for customers, but T-Mobile is guaranteeing that it won't. "The combination has a multiplicative effect on the total available network capacity, and that's very exciting because pricing in the industry is a function of your costs and it's a function of your capacity".

In its more detailed proposal, T-Mobile (tmus) said it might raise prices under some circumstances it termed "not within the control" of the merged company.

But having served for almost a decade on the commission, Clyburn knows all the ins and outs of the agency and how it approaches merger reviews, making her experience invaluable to T-Mobile as it tries to persuade the FCC and the Justice Department to bless its acquisition. "The New T-Mobile will be uniquely positioned to give you both".

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