AT&T CEO Randall Stephenson says Sprint and T-Mobile have 'tough hill to climb' to get merger passed by regulators

AT&T CEO Randall Stephenson says Sprint and T-Mobile have 'tough hill to climb' to get merger passed by regulators

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/05/30/att-ceo-randall-stephenson.html

AT&T CEO Randall Stephenson said Sprint and T-Mobile will have "a tough hill to climb" to get merger approval from U.S. regulators.

"It's a classic horizontal merger where they are taking a competitor out of the marketplace," Stephenson said. "Power to them if they get it done."