Sprint CEO says that AT&T/T-Mobile merger poses a "threat" to the wireless industryAlex Wagner - Editorial Director of News and Content
Sprint has already made it very clear that it's opposed to AT&T's acquisition of T-Mobile, but today Dan Hesse took a few moments out of his announcement of the Samsung Replenish to touch on the deal a bit more. Hesse said that he believes that the AT&T-Mobile deal poses a "serious threat" to the industry and that, if approved, will eliminate competition from the market and turn it into a duopoly. "If AT&T is allowed to swallow T-Mobile," the CEO said, "competition will be stifled, growth will be stifled and wireless innovation will be jeopardized."
There's no telling if all of the fighting that Sprint's doing will end up all for naught, but it's admirable to see the No. 3 carrier standing up and doing what it can to voice its concerns and oppose the deal. I'm sure this won't be the last bit of opposition to the merger that we hear, even from Sprint, so be sure to stay tuned.
Via PCMag, Bloomberg, Reuters (Image credit)