T-Mobile and Sprint CEOs State Case for Merger at FCCBy
Legere and Claure appear at agency, where they need approval
Regulators may be concerned about reduction of competition
The leaders of T-Mobile US Inc. and Sprint Corp. appeared at the Federal Communications Commission on Tuesday to begin laying the groundwork for their proposed $26.5 billion merger, according to an agency official who spoke on condition of anonymity because the meeting wasn’t public.
T-Mobile’s John Legere and Sprint’s Marcelo Claure met with FCC officials and laid out much the same case that the companies have presented in public since announcing T-Mobile’s proposed purchase of its smaller rival on April 29, said the official.
Meetings had been scheduled with Commissioner Michael O’Rielly, a Republican, and Commissioner Jessica Rosenworcel, a Democrat. FCC Chairman Ajit Pai, a Republican, was traveling in Mississippi on Tuesday. Legere has said he talked to Pai after the deal was announced on Sunday.
The tie-up of the third- and fourth-largest U.S. mobile providers needs to receive approval from the FCC and clear antitrust regulators at the Justice Department.
Tara Darrow, a T-Mobile spokeswoman, when asked about Legere’s schedule, replied in an email saying, “We don’t have anything to share on John’s plans in DC.”