Sorry Traders, T-Mobile’s Sprint Deal Is Anybody’s Guess
With romance in the air, it’s only appropriate that T-Mobile US Inc. and Sprint Corp. will appear side by side on Wednesday morning to defend their union to a panel of lawmakers questioning its effects. T-Mobile CEO John Legere and Sprint Executive Chairman Marcelo Claure are back on Capitol Hill to testify before the House subcommittee on communications and technology about the pending merger of the nation’s third- and fourth-largest wireless carriers.(1) The gregarious and straight-talking Legere smoothly handled a mild Senate grilling last June, but much has changed since then, not least that Democrats took control of the House in the latest midterm elections.
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