Making Case for T-Mobile Deal, Sprint Says Its Customers Are Fleeing
- No. 4 mobile carrier says it’s unable ‘to turn the corner’
- Carrier makes case for $26.5 billion transaction at FCC
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Sprint Corp. is unable to recover from crippling losses and has told regulators its purchase by T-Mobile US Inc. would set up a stronger competitor to wireless leaders AT&T Inc. and Verizon Communications Inc.
Customers are fleeing the smallest of the big four U.S. nationwide providers at an increasing rate, Sprint told the U.S. Federal Communications Commission in a Sept. 21 meeting, according to a filing posted Wednesday on the agency’s website.