T-Mobile CEO says if Sprint deal fails, prices may go up

T-Mobile CEO says if Sprint deal fails, prices may go up

4 years ago
Anonymous $4bURcB5AtU

https://apnews.com/e403d4f7394a7ebba9fc48969c8a6324

NEW YORK (AP) — T-Mobile CEO John Legere said if his company's $26.5 billion deal to buy Sprint fails, it may have to raise prices to slow user growth and relieve stress on the T-Mobile network. He said that would be his “worst nightmare.”

Legere's testimony came on the fourth day of a high-profile antitrust trial. Fourteen state attorneys general are suing to block the combination of T-Mobile and Sprint. They say the deal would cost consumers billions.