On November 6, according to foreign media reports,The Federal Communications Commission (FCC) on Tuesday approved a merger proposal between T-Mobile and sprint, the two major U.S. carriers, saying the deal would "boost competition" and accelerate the deployment of 5g networks.Some opponents say the merger is against common sense, and the US mobile industry will have "three giants" phenomenon, which will "carve up the market, raise prices and compete only for the most profitable customers".
The FCC said in a statement that the deal would bridge the digital divide and promote the deployment of 5g networks in the United States. T-Mobile and sprint promised to deploy 5g services within the next three years, covering 97% of Americans. They also promised to provide 90% of Americans with mobile services at least "100 megabits per second" within six years. The FCC's approval is conditional on these commitments, and if the two companies fail to meet these targets, they will be fined more than $2 billion.
In addition, another condition for FCC to approve the transaction is that Sprint must sell its prepaid paymentcellphoneBoost Mobile,T-Mobile, the wireless services business, must sell its stake in Dish Network, the US satellite broadcasting service provider, which wants Dish Network,Boost Mobile to join forces with several other companies to form a new wireless network company to compete with previous companies.
According to the FCC statement, the merger will not undermine competition-despite dissenting views between prosecutors in several states and several FCC commissioners. "while the two companies have promised that their merger will accelerate the ability of some Americans to acquire some form of'5G', history tells us," FCC Commissioner Geoffrey Stark (Geoffrey Starks) said in a statement: "while the two companies promise that their merger will accelerate the ability of some Americans to acquire some form of'5G', The most likely impact of this merger is that all Americans will face higher prices and fewer choices. "
However, it is not surprising that the FCC officially approved the merger of the two companies today. The merger was approved by the U.S. Department of justice. Ajit Pai, chairman of the FCC, supported this summer. Last month, the FCC voted on the deal. Usually, with the approval of the U.S. Department of justice and the FCC, the merger will be completed soon. However, it is still possible to prevent or postpone the merger in the lawsuit brought by the Attorney General of some states in the United States.
Over the years, T-Mobile and Sprint have been trying to merge, claiming to be at a much larger scale than the other two
Previous attempts by the two companies to merge have been more or less blocked on the grounds that while the merger may make new entities more competitive, it will be a net negative impact for consumers and will have fewer choices than ever before. Prior to that, the Federal Trade Commission (FTC) issued a statement saying that on the AT