Several telecom organizations Thursday initiated a formal effort to urge the Federal Communications Commission to reject the proposed acquisition of Sprint by rival carrier T-Mobile. The 4Competition Coalition, which consists of about a dozen unions, advocacy groups, industry associations and telecom companies, reiterated its concerns that the acquisition will lead to reduced competition, higher prices and fewer industry jobs.
The proposed merger would combine T-Mobile, the No. 3 U.S. wireless carrier, with Overland Park, Kansas-based Sprint, the No. 4 carrier, reducing the number of nationwide carriers from four to three.
Previous analysis from the Communication Workers of America, a group that’s part of the 4Competition Coalition, suggested that the acquisition could lead to the loss of more than 28,000 industry jobs.
T-Mobile’s Chief Financial Officer predicted earlier this year that the acquisition could be complete by the end of the second quarter of 2019. However, the 4Competition Coalition plans to lobby the FCC, the Department of Justice and state and federal lawmakers to deny the acquisition.
Read more: Kansas City Star