Sprint Plans Appeal to Congress to Halt AT&T-T-Mobile Deal

Sprint Nextel Corp. Chief Executive Officer Dan Hesse said the company plans to submit its concerns over AT&T Inc.’s proposed acquisition of T-Mobile USA to Congress, saying the deal hurts the wireless industry.

The combined entity would have “tremendous” power, Hesse said in an interview at a wireless industry conference in Orlando, Florida. He said AT&T and Verizon Wireless would hold 79 percent of the U.S. market if regulators approve the deal.