A mounting opposition to Sprint and T-Mobile’s proposed merger has cast doubts over the $26 billion deal, which experts once believed was a slam dunk.
Backlash against the deal reached a high point last week when T-Mobile and Sprint executives testified at a second congressional hearing on the deal. Following the hearing, nine Senate Democrats, including at least four 2020 presidential candidates, wrote to the Federal Communications Commission, urging regulators to reject the deal.
Mike Dano, editorial director of 5G and mobile strategies for Light Reading, said the hearing was mostly political theater, yet it effectively turned up the volume on opposing voices.
“There seems to be some clouds gathering over the deal,” Dano told KCUR. “The noise is growing.”
One analysis from Bloomberg declared that the deal is now “anybody’s guess.”
Read more: KCUR