T-Mobile, Sprint lobby regulators to win U.S. approval for tie-up

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T-Mobile, Sprint lobby regulators to win U.S. approval for tie-up
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Senior executives at T-Mobile US Inc and Sprint Corp made the case to U.S. offic...

WASHINGTON - Senior executives at T-Mobile US Inc and Sprint Corp made the case to U.S. officials in Washington last week that they should approve a planned tie-up between the two wireless companies, arguing a combined firm would have incentives to “aggressively lower prices.”

In a presentation made public on Monday, the firms said they would “focus on taking share from Verizon and AT&T through lower prices.” Sources told Reuters last week that the Justice Department had concerns about the merger in its current structure.

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