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Sprint exec messages suggest T-Mobile deal may boost prices

Dec 09, 2019 - Associated Press Financial Wire
Board and Executive Moves

NEW YORK (AP) - Messages by a Sprint executive revealed in federal court suggested he thought an acquisition by T-Mobile might push up mobile-service prices for consumers, undercutting T-Mobile's argument that its deal will benefit Americans.

The text messages, presented by attorneys for a coalition of states suing to block the deal on antitrust grounds, were sent in October 2017 by Roger Sole, Sprint's chief marketing officer, to Sprint's then-CEO Marcelo Claure. Sole wrote that customer ...