In Sprint, T-Mobile Merger Talks, Power Shifts to a Familiar Agitator
June 14 2019 - 4:57PM
Dow Jones News
By Drew FitzGerald and Brent Kendall
As executives from T-Mobile US Inc. and Sprint Corp. work to
save their more than $26 billion merger, a familiar agitator is
looming ever larger over negotiations with the U.S. government.
Charlie Ergen, the billionaire executive chairman of Dish
Network Corp., has been trying to persuade antitrust enforcers the
deal is bad for competition. Now he is arguing the best way to
remedy that is to force the wireless companies to cast off more
assets, and his satellite-TV operator is leading the chase to
acquire them, people familiar with the matter said.
Mr. Ergen met jointly with Federal Communications Commission
Chairman Ajit Pai and Justice Department antitrust chief Makan
Delrahim this week and "explained the need for a minimum of four
nationwide mobile network operators," according to an FCC filing
posted Friday.
The deal earned the FCC chairman's blessing last month after the
merger partners agreed to divest of Sprint's Boost Mobile prepaid
brand and to invest in rural broadband. But the Justice Department
is still pushing the companies to shed more assets, such as
wireless spectrum licenses, and make other commitments that would
preserve competition in the cellular market, according to people
familiar with the talks.
Dish, which has amassed vast amounts of wireless spectrum that
it needs to put to use, is among the companies in the running to
become the fourth operator, people familiar with the matter said.
Other suitors include cable operators Charter Communications Inc.
and Altice USA Inc., the people said.
Sarah Krouse contributed to this article.
Write to Drew FitzGerald at andrew.fitzgerald@wsj.com and Brent
Kendall at brent.kendall@wsj.com
(END) Dow Jones Newswires
June 14, 2019 16:42 ET (20:42 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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