Few Rivals Speak Out Against Sprint, T-Mobile Merger
The Wall Street JournalAugust 29, 2018, 9:00 AM GMT+9
WASHINGTON—If America’s tech and telecom giants have an opinion about T-Mobile US Inc.’s plan to reshape the wireless industry by taking over Sprint Corp., most are keeping it to themselves. “I don’t think you’re going to have any entity that has motive and means to oppose this deal” among big business, said Blair Levin, an industry analyst at New Street Research LLC. A lack of organized opposition favors the companies as they seek approval from the Federal Communications Commission and U.S. Department of Justice to close the deal. The FCC deadline for opponents to make petitions to deny the transaction passed Monday, and many groups waited until the last minute to file.
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WSJ:
Few Rivals Speak Out Against Sprint, T-Mobile Merger
The Wall Street JournalAugust 29, 2018, 9:00 AM GMT+9
WASHINGTON—If America’s tech and telecom giants have an opinion about T-Mobile US Inc.’s plan to reshape the wireless industry by taking over Sprint Corp., most are keeping it to themselves. “I don’t think you’re going to have any entity that has motive and means to oppose this deal” among big business, said Blair Levin, an industry analyst at New Street Research LLC. A lack of organized opposition favors the companies as they seek approval from the Federal Communications Commission and U.S. Department of Justice to close the deal. The FCC deadline for opponents to make petitions to deny the transaction passed Monday, and many groups waited until the last minute to file.