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WASHINGTON (AP) --- Democratic lawmakers are challenging a pledge by T-Mobile and Sprint not to raise prices or hurt competition if their $26.5 billion merger goes through. Although T-Mobile says it won't raise prices for three years, Rep. Frank Pallone, DDemocrats Question Pledges in $26.5b T-Mobile-Sprint Deal
WASHINGTON (AP) --- Democratic lawmakers are challenging a pledge by T-Mobile and Sprint not to raise prices or hurt competition if their $26.5 billion merger goes through. Although T-Mobile says it won't raise prices for three years, Rep. Frank Pallone, D-N.J., chairman of the House Energy and Commerce Committee, said he isn't sure that Trump administration regulators are willing to hold T-Mobile to that promise. «How can we be sure that consumers who can least afford to pay more are not harmed by the merger?» Pallone asked at a House subcommittee hearing Wednesday. The deal would combine the nation's third- and fourth-largest wireless companies and create a behemoth roughly th...Keep on reading: Democrats Question Pledges in $26.5b T-Mobile-Sprint Deal Read more