Deals
T-Mobile Tweaks Sprint Deal Rationale as Opponents See Problems
- Investors unfazed by revised analysis of merger’s benefits
- Shift may signal effort to counter pushback from regulators
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T-Mobile US Inc. is offering a revised rationale for buying Sprint Corp., a turn that critics say is a sign the carrier’s earlier arguments weren’t winning over U.S. officials who can bless or kill the deal.
T-Mobile told the Federal Communications Commission in a filing earlier this month that it needs the Sprint merger to help it compete more vigorously against giants AT&T Inc. and Verizon Communications Inc. In September, the company focused on how the tie-up would give it an edge in quickly building an advanced wireless network known as 5G, a goal of the Trump administration.