An Interest In:
Web News this Week
- February 28, 2024
- February 27, 2024
- February 26, 2024
- February 25, 2024
- February 24, 2024
- February 23, 2024
- February 22, 2024
July 21, 2021 09:00 am
Original Link: https://www.theverge.com/2021/7/21/22585761/dish-t-mobile-att-sprint-competition-editorial
The Dish fix for the T-Mobile-Sprint merger seems more shortsighted than ever
To sell regulators on their $26 billion mega merger, T-Mobile and Sprint executives told anyone who’d listen that the deal would provide near-miraculous benefits. But economists warned that US telecom merger promises are historically meaningless, and the reduction in overall competitors would — sooner or later — result in higher prices and job cuts.
Instead of heeding their warnings and blocking the deal, US antitrust enforcers concocted an elaborate workaround: they would erect Dish Network as the nation’s new fourth major wireless carrier. Under the plan Dish received some T-Mobile spectrum, the Boost Mobile prepaid brand, and the assurance that T-Mobile would help Dish run a Mobile Virtual Network Operator (MVNO) while it got its own...
Original Link: https://www.theverge.com/2021/7/21/22585761/dish-t-mobile-att-sprint-competition-editorial
Share this article:
Tweet
View Full Article
The Verge
The Verge is an ambitious multimedia effort founded in 2011More About this Source Visit The Verge