Mobile vows not to raise prices if Sprint merger approved

T-Mobile CEO John Legere CES 2017

T-Mobile tells FCC that if Sprint deal closes, prices won't rise for at least three years

T-Mobile is still trying to complete its acquisition of Sprint and merge the two into the New T-Mobile. Now, The Post has obtained lists for additional days previous year, which showed five more bookings at the hotel by T-Mobile executives.

The nation's third-largest wireless carrier added a total of 2.4 million new subscribers in the fourth quarter.

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One of the biggest concerns and arguments against the T-Mobile/Sprint merger is that the newly joined company would suddenly raise its prices in an unfair way. Analysts had been hoping for T-Mobile to shoot a little higher: the consensus estimate for 2019 was for 3.65 million net new postpaid additions.

Those are the words from T-Mobile CEO John Legere, who is well known for uttering bold statements.

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The FCC, Department of Justice, and other state utility regulators must approve the merger that would combine T-Mobile and Sprint. Her record as a fighter for low-income Americans and minorities gives T-Mobile a shot of additional credibility as it argues that the deal will be beneficial for disadvantaged populations. "I am very pleased with the progress we've made in our merger and the process so far, and I continue to expect regulatory approval in the first half of the year", Legere said. But critics fear reduced competition will lead to higher prices and fewer choices for consumers. The CEOs of both wireless providers will testify at the hearing. Although not mentioned specifically in the filing, T-Mobile offers its unlimited customers free Netflix (nflx) accounts, for example, but Netflix recently raised its prices. "The core tenet of the New T-Mobile is that by bringing these companies together you get something very different from the T-Mobile you know today plus the Sprint you know today", he said.

Some analysts say the fact that T-Mobile felt compelled to offer a price freeze is evidence that ordinary market pressures would encourage the combined company to raise prices.

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T-Mobile said it is committed to bringing 5,600 new jobs to the industry by 2021 as well as building five new customer experience centers and expanding two current facilities.

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