Deals
T-Mobile and Sprint CEOs State Case for Merger at FCC
- Legere and Claure appear at agency, where they need approval
- Regulators may be concerned about reduction of competition
Pedestrians pass in front of a T-Mobile US Inc. store in New York.
Photographer: Jeenah Moon/BloombergThis article is for subscribers only.
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.