Senate Testimony on the Proposed Merger of AT&T and T-Mobile

The CEOs of AT&T, T-Mobile, Sprint Nextel, and consumer and worker advocates testified on the proposed merger of AT&T and T-Mobile. AT&T CEO Randall Stephenson argued that the merger will “drive innovation and competitive prices and give customers fewer dropped calls, faster speeds and better broadband Internet service.” Sprint Nextel CEO Daniel Hess spoke against the merger noting that the combined forces of the two companies would roughly control 80 percent of the market.

Leave a Comment