Sprint Officially Opposes AT&T, T-Mobile Merger

Sprint Nextel Corp. on Monday officially denounced last week’s merger agreement between AT&T Inc. and T-Mobile USA, citing antitrust concerns as the deal would make Sprint a far smaller.
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Sprint Officially Opposes AT&T, T-Mobile Merger
Smartphone Plans: The Sprint logo is displayed on the front of a Sprint retail store January 26, 2009 in San Francisco, California. (Justin Sullivan/Getty Images)
3/28/2011
Updated:
10/1/2015

<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/84474312.jpg" alt="The Sprint logo is displayed on the front of a Sprint retail store in San Francisco, California. (Justin Sullivan/Getty Images)" title="The Sprint logo is displayed on the front of a Sprint retail store in San Francisco, California. (Justin Sullivan/Getty Images)" width="320" class="size-medium wp-image-1803340"/></a>
The Sprint logo is displayed on the front of a Sprint retail store in San Francisco, California. (Justin Sullivan/Getty Images)
Sprint Nextel Corp. on Monday officially denounced last week’s merger agreement between AT&T Inc. and T-Mobile USA, a division of Deutsche Telekom AG, citing antitrust concerns as the deal would make Sprint a far smaller No. 3 player in the wireless market.

Sprint urges the United States government to block this anti-competitive acquisition,” said Vonya McCann, senior vice president at Sprint in a statement. “This transaction will harm consumers and harm competition.… On behalf of our customers, our industry, and our country, Sprint will fight this attempt by AT&T.”

Analysts expect the U.S. Department of Justice, which oversees antitrust, to take up to a year to review the merger proposal. If approved, a combination of AT&T Wireless and T-Mobile would create the nation’s biggest carrier, surpassing current No. 1 Verizon Wireless, a joint venture between Verizon Communications Inc. and U.K.’s Vodafone Plc.