You are here: Home » Reuters » News
Business Standard

T-Mobile CEO defends Sprint deal in Congress

Reuters  |  WASHINGTON 

By Diane Bartz and David ShepardsonWASHINGTON (Reuters) - T-Mobile US Inc Chief Executive John Legere defended his company's $26 billion deal to buy rival wireless carrier Sprint Corp in Congress on Wednesday, stressing the jobs it will create and how it will benefit construction of the next generation of wireless networks."Our merger will be jobs positive from day one," Legere told lawmakers, saying that by 2024 the combined carrier would have 11,000 more jobs than the stand-alone firms. The deal would also result in "lower prices and better services" because the company's costs will fall ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, February 13 2019. 21:38 IST