No Price Hike for 3 Years, CEO Says — Mobile Sprint Merger

An image of John Legere and other T Mobile employees at the Senate Judiciary Subcommittee meeting

T-Mobile CEO John Legere posted an open letter to the FCC discussing the proposed T-Mobile-Sprint merger.

"To remove any remaining doubt or concerns about New T-Mobile's prices while we are combining our networks over the next three years, T-Mobile today is submitting to the Commission a commitment that I stand behind - a commitment that New T-Mobile will make available the same or better rate plans for our services as those offered today by T-Mobile or Sprint", Legere said. It's also promised to create customer support jobs in places like Rochester, New York. CEO John Legere said in the company's earnings announcement. "The first time ever that T-Mobile's churn was lower than AT&T's-a major milestone for both of us", Legere said.

But Clyburn brings more to the table than just knowledge and expertise. When companies as big as T-Mobile ...

Clyburn has argued passionately for lowering the prices of prison phone calls and extending broadband access to the poor.

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Clyburn was appointed by Barack Obama to the FCC in 2009 and served until June 2018.

In her interview with Politico, Clyburn explained that she hopes her efforts can help "build a bridge across the digital divide".

When analysts pressed him on the pricing commitment, Legere said network capacity is one of the key differentiators for a combined T-Mobile and Sprint. The Sprint merger still awaits antitrust regulatory approval by the U.S. Department of Justice. Our business plan and our future success are centered around building a world class 5G network for everyone and delivering more to consumers for less. It also might have to raise the prices of third party services whose costs are not controlled by T-Mobile.

Executives from the telecom giant T-Mobile - which past year asked the Trump administration to approve its megamerger with Sprint - have booked at least 52 nights at President Trump's Washington hotel since then, even more than previously reported, according to newly obtained records from the hotel. "That is not always the case, but implicitly conceding that market forces alone are not sufficient to constrain prices is not a sign that the economic arguments ... are working".

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